Nevada Revised Statutes 218A.150 – Creation; appropriations; nonreversion; authorized expenditures; payment of claims
1. The Legislative Fund is hereby created as a special revenue fund for the use of the Legislature, and where specifically authorized by law, for the use of the Legislative Counsel Bureau.
Terms Used In Nevada Revised Statutes 218A.150
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Concurrent resolution: A legislative measure, designated "S. Con. Res." and numbered consecutively upon introduction, generally employed to address the sentiments of both chambers, to deal with issues or matters affecting both houses, such as a concurrent budget resolution, or to create a temporary joint committee. Concurrent resolutions are not submitted to the President/Governor and thus do not have the force of law.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Statute: A law passed by a legislature.
2. Support for the Legislative Fund must be provided by legislative appropriation from the State General Fund. Money in the Legislative Fund does not revert to the State General Fund at the end of the fiscal year, and the balance in the Legislative Fund must be carried forward to the next fiscal year.
3. Expenditures from the Legislative Fund may be made for:
(a) The payment of necessary expenses of the Senate;
(b) The payment of necessary expenses of the Assembly;
(c) The payment of necessary improvements to the Legislative Building, other buildings used by the Legislature and all legislative grounds;
(d) The payment of expenses for the interim operation of the Legislature; and
(e) The payment of necessary expenses of, but not limited to:
(1) The Legislative Commission;
(2) The Legal Division;
(3) The Research Division;
(4) The Audit Division;
(5) The Fiscal Analysis Division; and
(6) The Administrative Division.
4. Expenditures from the Legislative Fund for purposes other than those specified in subsection 3 or authorized specifically by another statute may be made only upon the authority of a concurrent resolution.
5. All money in the Legislative Fund must be paid out on claims approved by the Director or the Director’s designee.