Nevada Revised Statutes Title 43. Public Safety; Vehicles; Watercraft § 482.31565. Waiver of damages and optional insurance: Purchase as condition for lease prohibited; maximum charge based on value of vehicle; adjustment to reflect Consumer Price Index; advertisements; other prohibited practices

(a) Except as otherwise provided in paragraph (b), not more than $22 per full or partial rental day or 24-hour rental period, as appropriate, for the waiver. The amount of the charge set forth in this paragraph must be adjusted for each fiscal year that begins on or after July 1, 2008, by adding to that amount the product of that amount multiplied by the percentage increase in the Consumer Price Index West Urban for All Urban Consumers (All Items) between the calendar year ending on December 31, 2005, and the calendar year immediately preceding the fiscal year for which the adjustment is made. The Department shall, on or before March 1 of each year, publish the adjusted amount for the next fiscal year on its website or otherwise make that information available to short-term lessors.

(b) If the vehicle has a manufacturer's suggested retail price of more than $60,000, not more than $150 per full or partial rental day or 24-hour rental period, as appropriate, for the waiver. The monetary amounts set forth in this paragraph must be adjusted for each fiscal year that begins on or after July 1, 2021, by adding to each amount the product of that amount multiplied by the percentage increase in the Consumer Price Index West Urban for All Urban Consumers (All Items) between the calendar year ending on December 31, 2017, and the calendar year immediately preceding the fiscal year for which the adjustment is made. The Department shall, on or before March 1 of each year, publish the adjusted amounts for the next fiscal year on its Internet website or otherwise make that information available to short-term lessors.