{"data":{"id":"us-nv/nrs-361.826","jurisdiction":"us-nv","citation":"NRS 361.826","heading":"Maximum amount; separately stated on invoices; authorized use.","body":"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.\n2. 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.\n3. A heavy equipment rental company that imposes a recovery fee pursuant to subsection 1 shall:\n(a) Hold the amount of all recovery fees collected in a separate account; and\n(b) Use the money in the separate account only to offset any taxes imposed pursuant to this chapter on heavy equipment rental property.","path":["TITLE 32 — REVENUE AND TAXATION","CHAPTER 361 - PROPERTY TAX","RECOVERY FEES FOR TAXES ON HEAVY EQUIPMENT RENTAL PROPERTY"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-361.html#NRS361Sec826","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:37Z","sha256":"a556c3dfd224d8fb3d7a102e204698c471e907259050cec1763033ebd47c1823","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-361.822","next":"us-nv/nrs-361.828"},"notice":"GroundRules: Original legal text. Not legal advice."}
