SB412

Revises provisions relating to financial institutions. (BDR 32-952)

Failed·6/3/25

Nevada SB412 repeals the excise tax on banks for maintaining additional branch offices in the state.

Nevada SB412 repeals the excise tax on banks for maintaining additional branch offices in the state. The bill eliminates the $1,750 tax imposed on each bank for each branch office in excess of one branch office per county on the first day of each calendar quarter. The repeal takes effect on July 1, 2029.

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  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Sponsors

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Democratic CaucusRepublican Caucus

Calendar

Apr 1, 2025

1:00 PM

Senate Revenue and Economic Development Hearing

History

Jun 3, 2025

Senate

(No further action taken.)

Apr 17, 2025

Senate

From printer. To engrossment. Engrossed. First reprint.

Apr 17, 2025

Senate

To committee.