S.B. 206 - *SB206* SENATE BILL NO. 206–SENATORS TITUS, KRASNER, HANSEN; ELLISON AND STONE FEBRUARY 18, 2025 ____________ Referred to Committee on Legislative Operations and Elections SUMMARY—Revises provisions relating to the efficacy of state programs. (BDR 17-552) FISCAL NOTE: Effect on Local Government: No. Effect on the State: Yes. ~ EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted. AN ACT relating to governmental administration; requiring the Fiscal Analysis Division of the Legislative Counsel Bureau to conduct a study each legislative interim relating to the potential or actual return on investment of certain proposed or existing state programs; and providing other matters properly relating thereto. Legislative Counsel’s Digest: Under existing law, the Fiscal Analysis Division of the Legislative Counsel 1 Bureau is required to perform certain duties including to: (1) thoroughly examine 2 all agencies of the State of Nevada with special regard to their activities and the 3 duplication of efforts between them; (2) recommend to the Legislature any 4 suggested changes looking toward economy and the elimination of inefficiency in 5 government; and (3) analyze the history and probable future trend of the State’s 6 financial position in order that a sound fiscal policy may be developed and 7 maintained for the State. (NRS 218F.600) This bill adds to the duties of the Fiscal 8 Analysis Division. 9 Specifically, section 1 of this bill requires the Fiscal Analysis Division, during 10 each legislative interim and at the direction of the Interim Finance Committee, to: 11 (1) estimate the potential return on investment of not more than two proposals for 12 the creation of or revision to state programs during the next legislative session; and 13 (2) determine and analyze the annual return on investment of not more than three 14 existing state programs. Section 1 also authorizes, to the extent money is available, 15 the Fiscal Analysis Division to contract with any person who has the necessary 16 expertise to assist the Fiscal Analysis Division in completing this study. 17 – 2 – - *SB206* THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS: Section 1. Chapter 218F of NRS is hereby amended by adding 1 thereto a new section to read as follows: 2 1. During each legislative interim and at the direction of the 3 Interim Finance Committee, the Fiscal Analysis Division shall 4 complete a study that: 5 (a) Estimates the potential return on investment of not more 6 than two proposals for the creation of or revision to state 7 programs during the next legislative session; and 8 (b) Determines and analyzes the annual return on investment 9 of not more than three existing state programs. 10 2. The Fiscal Analysis Division may, to the extent money is 11 available for such purpose, contract with any person who has the 12 necessary expertise to assist the Fiscal Analysis Division in 13 completing the study required pursuant to subsection 1. 14 3. A report of the study completed pursuant to subsection 1 15 must be submitted to the Interim Finance Committee by 16 December 1 of each even-numbered year. 17 Sec. 2. The provisions of NRS 218D.380 do not apply to any 18 provision of this act which adds or revises a requirement to submit a 19 report to the Legislature. 20 Sec. 3. This act becomes effective on July 1, 2025. 21 H