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AB274 would waive certain business fees for qualifying veterans; sponsors and veterans groups support amendments narrowing scope

3510489 · May 26, 2025
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Summary

Assemblyman P.K. O'Neill said AB274 would waive certain Secretary of State business licensing fees for qualifying veterans; sponsor offered a clarifying friendly amendment while declining a broader amendment that generated a Secretary of State fiscal estimate.

Assemblyman P.K. O'Neill presented Assembly Bill 274 proposing fee waivers for certain businesses owned by qualifying veterans, including retirees with 20 years' service and service members medically retired at 100% disability. He said a friendly amendment clarifies application language, but another amendment proposed by Vice Chair Bacchus (not accepted by the sponsor) would have broadened scope and generated a Secretary of State fiscal estimate of roughly $339,000 in the first year and larger revenue effects in subsequent years.

Support testimony came from the Vegas Chamber and the United Veterans Legislative Council, and callers from veteran‑support organizations urged approval with the sponsor's friendly amendment. Sponsors requested updated fiscal estimates from the Secretary of State's office reflecting the amendments under consideration; the hearing closed with no committee vote recorded.

Committee staff noted a misfiled fiscal note for a Senate bill in the folder; the sponsor and chair asked for corrected fiscal materials to be provided to the committee file and for Secretary of State clarification on revenue impact under the accepted amendment.