Nevada Revised Statutes — Title 32 (Revenue and Taxation)
Nev. Rev. Stat. § 361.826 — Maximum amount; separately stated on invoices; authorized use
1. Except as otherwise provided in NRS 361.828 , a heavy equipment rental
company may impose a recovery fee in an amount not to exceed 2 percent of the
rental charge for the rental of heavy equipment rental property to a renter.
2. The amount of any recovery fee imposed
pursuant to subsection 1 must be separately stated on an invoice provided to a
renter of heavy equipment rental property.
3. A heavy equipment rental company that
imposes a recovery fee pursuant to subsection 1 shall:
(a) Hold the amount of all recovery fees
collected in a separate account; and
(b) Use the money in the separate account only to
offset any taxes imposed pursuant to this chapter on heavy equipment rental
property.
Source: official text