(CNN) - Under pressure and amid threats of candidates boycotting the state, the Nevada Republican Party pushed back the date of its caucus to February 4.
The state's GOP central committee voted in overwhelming favor of the new date on Saturday.
Nevada's Republican Party made headlines earlier this month when it decided to move up its contest to January 14 in hopes of staying a key player in the early voting process. The move came after Florida threw the calendar into disarray by setting its primary for January 31, jumping ahead of the four early voting states.
A number of presidential candidates, including former Utah Gov. Jon Huntsman and former House Speaker Newt Gingrich, had pledged to boycott the Nevada caucuses.
The January 14 date threatened to force New Hampshire to shift its primary into early or mid-December in order to save its first-in-the-nation primary status, according to a letter released by New Hampshire Secretary of State Bill Gardner.
But New Hampshire leaders expressed support over Nevada's latest decision on Saturday.
"Nevada’s decision to reschedule to February 4 will now allow Secretary of State Bill Gardner to schedule our primary at a more appropriate time than would’ve been allowed with Nevada’s earlier date," said New Hampshire Republican Committee Chairman Wayne MacDonald in a statement. "The New Hampshire Primary is important not just as a long standing tradition, but as an opportunity for lesser-funded or lesser-known candidates to have the opportunity to be heard."
Iowa GOP Chairman Matt Strawn also praised the schedule change.
"The voters and our candidates are well served by a nomination process that starts in 2012 and today's action is a major step toward that goal," Strawn said in a statement.
The Hawkeye State, which holds the nation's first caucus, set its date for Jan. 3.
Huntsman, who skipped Tuesday's debate in Las Vegas out of protest of Nevada's Jan. 14 date, said Saturday the change is a victory for New Hampshire but continued to charge Mitt Romney of influencing Nevada to move up to January in the first place.
"Ultimately, Granite Staters wouldn’t have had to struggle to keep their primary tradition intact if the Romney campaign, for its own advantage, did not attempt to game our democracy by lobbying states to move up their primary contests," Huntsman said in a statement.
Nevada's decision comes after heightened pressure this week from the National Republican Committee, which reminded Nevada that the state would be penalized and lose half its delegates for jumping ahead with its contest in violation of RNC rules.
But Saturday, RNC Chairman Reince Priebus applauded the state's new February date.
"This change ensures that Nevada retains its prominent national role, as the first contest in the West, and it restores Nevada’s full slate of delegates to the Republican National Convention," Priebus said in a statement.
Earlier in the week, Priebus sent a letter to Nevada GOP Chairwoman Amy Tarkanian saying he supported a date change to February 4.
Priebus argued that a February caucus would still give Nevada a prominent place in the nomination calendar, and the state would avoid losing half its delegates as an RNC penalty for holding a contest too early.
"A February 4th caucus date will eliminate the uncertainty caused by Florida's actions and the posturing of New Hampshire's secretary of state, restore order to the primary calendar and benefit Nevada in multiple ways. There are several reasons I believe Nevada will be best served by holding its caucuses on February 4th," said Priebus.
– CNN's Rachel Streitfeld and Peter Hamby contributed to this report.