Section 20 of Senate Bill 305 of the 2023 Legislative session (S.B. 305) created the Nevada Employee Savings Trust Program (NEST Program). Under the direction of a Board of Trustees Board, the NEST Program provides for Individual Retirement Accounts and Individual Retirement Annuities and encourages private employees to establish such accounts. Section 21 of S.B. 305 requires the State Treasurer to provide staff support to the Board and Section 24 creates the Nevada Employee Savings Trust Administrative Fund solely to pay the administrative costs and expenses of the Board and the NEST Program. Statutory Authority: new chapter added by S.B. 305 to Title 31 of NRS; Section 24 of S.B. 305.