Real news. Real stories. Real voices.
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
Supported by

Interim Finance Committee Approves Rainy Day Fund Transfer

The Nevada Legislature’s Interim Finance Committee on Monday approved the transfer of the $401 million in the state’s rainy day fund to the state’s general fund.

The money will help cover revenue losses caused by coronavirus business closures. 

The state says it estimates a revenue shortfall for this fiscal year of between $741 million and $911 million.

Sponsor Message

The state’s Board of Examiners first approved the transfer last week, following declarations of a fiscal emergency by Governor Sisolak and by the legislative committee