Nevada Senate Bill SB460

Nevada 2023 Regular Session

• Introduced: 5/8/23
• Refer: 5/8/23
• Report Pass: 5/27/23
• Engrossed: 5/30/23
• Refer: 5/30/23
• Report Pass: 6/1/23
• Enrolled: 6/8/23
• Chaptered: 6/12/23
• Passed: 6/12/23

Caption

Makes an appropriation to the Office of the State Controller for a debt collection information technology system. (BDR S-1125)

Impact

The implications of SB460 are substantial as it introduces a dedicated technological solution for debt collection, which may streamline operations and reduce administrative burdens on state agencies. By providing the necessary funding for modernizing debt collection systems, the bill aims to improve the overall collection rate of debts owed to the state. This may lead to an increase in state revenues that can be reallocated to other public services and initiatives, reinforcing the state's capability to manage its financial obligations more effectively.

Summary

Senate Bill No. 460 primarily focuses on financial management within the state government by appropriating funds for the establishment of a new debt collection information technology system. The bill allocates a total of $1,980,000 from the State General Fund to the Office of the State Controller. This financial investment is aimed at enhancing the efficiency and effectiveness of debt collection processes in the state, which is critical for recovering outstanding debts and ensuring the fiscal health of state finances.

Contention

While the text of SB460 appears straightforward, discussions surrounding budget appropriations invariably find points of contention, particularly regarding the allocation of state funds. Stakeholders may raise questions about the prioritization of such expenditures over other pressing state needs. Additionally, the method of implementation and its potential impact on existing debt management practices could also be subjects of debate among lawmakers, especially concerning efficiency and accountability in management of public resources.