Nevada AB427 revises provisions for public financial administration, focusing on private equity and venture capital investments.
Nevada AB427 amends the criteria for businesses eligible for private equity and venture capital investments. It requires businesses to be located in or seeking to locate in Nevada and engaged in industries consistent with the State Plan for Economic Development. The bill also revises the composition of the board of directors for the corporation for public benefit, replacing the Chancellor of the Nevada System of Higher Education with the Executive Director of the Office of Economic Development.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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