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What's New: Advocacy

Nevada Adjourns - Update on Key Surety Legislation

Tuesday, June 9, 2015  

The Nevada legislature has gone home for 2015. Neither the individual surety bill (AB 345) nor the increase in the bond threshold to $1 million (SB 108) passed. SFAA and AIA were successful in having the threshold increase removed from SB 108, but the amended bill containing increases of other thresholds failed to pass. The P3 legislation (AB 450) stalled for reasons unrelated to bonding and time ran out in the 2015 session.

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