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Wednesday, July 23, 2025 at 6:17 AM

Legislative Session Ends with Important Legislation on Education, Economic Development and Technology

Legislative Session Ends with Important Legislation on Education, Economic Development and Technology
By Ben Kieckhefer —  The sprint to the finish line of the Nevada legislative session always means late nights, long hours and last-minute legislation. But this session was even more of a scramble than usual. The senate and assembly endured an avalanche of end-of-session legislation — some of it of the utmost important to Nevada residents. Education funding and other critical legislation was dropped in the laps of legislators at the last moment by the Democrats controlling both houses, making it incredibly hard to fully vet the new funding measures. You could say this is business as usual for a part-time legislature that meets once every two years, but having very limited time to examine such important legislation is very disappointing. Hopefully, our lawmakers can do better in the future, allowing ample time to review, discuss and perfect important legislation. Despite those challenges — and many others, including the unexpected loss of a beloved assemblyman and the resignation of two Democrats for allegations of campaign finance issues and sexual harassment complaints — the session was filled with a lot of hard work and some landmark accomplishments. I was honored to pass eight separate bills during the session on a wide variety of topics. Combined, these bills on blockchain technology, economic development, student scholarships, and organ donation represent a wide range of legislation that makes our economy, education system and communities stronger. Here is a quick look at several of the bills I authored or sponsored, and how they will affect Nevada residents. • Governor Guinn Memorial Scholarships I was very excited to see this additional support to Nevada students pass the legislature. Never underestimate what a small investment in our ambitious young Nevadans can do for our economy and our communities. By doubling the number of Memorial Millennium scholarship from two to four, this legislation will change the lives of the students who receive them and support new teachers entering the classroom. • Blockchain Bills Blockchain has been a primary focus of mine, and while the topic can be confusing for some, it is shaping up to be a powerful force in our economy that will grow over time. Nevada can lead in this promising area, and I believe my legislation sets the state up to do just that. Here’s a quick look at the four bills.
- SB161: Sets up a program to give innovative new companies the freedom to experiment with new products, including blockchain, without certain regulatory or statutory red tape.
- SB162: Assures that consumers retain ownership over information secured in a public blockchain, while also encouraging government to consider blockchain and other electronic record adoption.
- SB 163: Provides legal clarity that businesses can store corporate records on a blockchain, while also creating a definition of “public blockchain” within our electronic transactions statutes.
- SB 164: Confirms that virtual currencies, including cryptocurrencies, are to be considered intangible personal property and are therefore exempt from taxation in Nevada.
• Organ Donation Oversight This bill adds necessary oversight to non-transplant organ and tissue donation organizations. This oversight will ensure that Nevadans who give the gift of life can be confident they will be treated with respect and dignity. • General Improvement District Property Sales This legislation sets up procedures for general improvement district that sell property they own, ensuring that a proper appraisal and pricing process is followed, and a public meeting is held. • Economic Development Tax Credits This bill ensures the legislature gets the chance to review any large economic development project that awards millions of dollars worth of transferable tax credits to a company moving to Nevada. While the 2019 Legislative Session is over, big issues loom for the next one. Redistricting will be decided in the 2021 Legislative Session, and this will have long-term impacts on the political future of the state and how the residents of Nevada are represented. This makes the question of who controls the state senate and assembly in the next session more important than ever. ~ Ben Kieckhefer is the Nevada State Senator for District 16, which includes Carson City, parts of Washoe County and Incline Village. He was first elected in 2010.     Sign up to receive updates and the Friday File email notices. Support local, independent news – contribute to The Fallon Post, your non-profit (501c3) online news source for all things Fallon.  
 

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Comment author: Mike HinzComment text: I knew Sam as a member of our church growing up. He always had a warm smile, a kind word, and a great sense of humor! He will be great missed!Comment publication date: 7/2/25, 11:57 AMComment source: Obituary -- Samuel Bruce WickizerComment author: Mike HinzComment text: Great teacher, great coach, but even a better person!!! Rest in peace Mr. BeachComment publication date: 7/2/25, 11:53 AMComment source: Obituary -- Jack Victor Beach, Jr.Comment author: Mike HinzComment text: I had Mrs Hedges for First Grade at Northside Elementary in 1969. I still, to this day, remember her as a wonderful teacher…one of my favorites!!Comment publication date: 7/2/25, 11:29 AMComment source: Obituary - Nancy Marie Hedges C Comment author: Carl C. HagenComment text: What are MFNs and PBMs ?? ............................ From the editor: This is a very good question and we apologize for not catching that wasn't in there. We reached out to the writer/submitter and got this info back...hope it's helpful. PBM: Pharmacy Benefit Managers are pharmacies that are owned by insurance companies. (CVS is one.) They negotiate with drug makers to get reduced pricing for medications, but they historically have not passed along those savings to patients. https://www.ftc.gov/system/files/ftc_gov/pdf/pharmacy-benefit-managers-staff-report.pdf MFN: Most Favored Nation pricing is a policy that means a country agrees to offer the same trade concessions (like tariffs or price reductions) to all member nations of the World Trade Organization (WTO). When applied to pharmaceuticals, it could disrupt global access, deter innovation, and obscure the deeper systemic issues in American health care. https://petrieflom.law.harvard.edu/2025/05/22/the-global-risks-of-americas-most-favored-nation-drug-pricing-policy/Comment publication date: 6/23/25, 7:47 AMComment source: L E T T E R TO THE EDITOR
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