Nevada AB8 revises state financial administration, updating deposit requirements for public money and exempting certain divisions from immediate.
Nevada AB8 modifies the financial administration rules for state officers, departments, and commissions. It mandates that the State Treasurer designate financial institutions for money deposits. State entities must deposit $10,000 or more within 10 working days, except for child support payments which must be deposited within 2 working days if the obligee is identified or returned to the payor if not. The Division of Welfare and Supportive Services must deposit child support payments within 5 working days if the obligee is not identified within 2 working days.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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