AB 281 — Revises provisions governing the retention of certain records by short-term lessors, brokers and dealers of vehicles. (BDR 43-794)

(ReprintedAssembly withBill amendmentsNo. adopted on April 19, 2021) FIRST REPRINT A.B.

281281–Assemblyman AC.H. SSEMBLY B ILLN O.

281–ASSEMBLYMANMiller C.H.CHAPTER..........

M ILLER M ARCH 15, 2021 ____________ Referred to Committee on Growth and Infrastructure SUMMARY—Revises provisions governing the retention of certain records by short-term lessors, brokers and dealers of vehicles.

(BDR 43-794) FISCAL NOTE:

Effect on Local Government:

No.

Effect on the State:

Yes.

~ EXPLANATION – Matter in bolded italics is new;

matter between brackets [omitted material] is material to be omitted.

authorizing certain records maintained by short-short-term term lessors, brokers and dealers of vehicles to be maintained electronically;

LegislativeLegiUnder Counsel’sexisting Digest:law, short-term lessors of motor vehicles are required to maintain a publicly accessible record of the identity of a short-term lessee and the time that the vehicle is subject to the lease or in possession of the short-term lessee.

Under(NRS existing482.315) law,Section short-term1 lessors of motorthis vehiclesbill arerequires requiredthat such records instead be made available to timethe thatDepartment of Taxation, the vehicleDepartment isof subjectMotor Vehicles and such a record to thebe leasemaintained orelectronically inand possessionrequires that such electroniczes records be made available within 3 business days upon request, unless the Executive Director of the short-termDepartment lessee.of Taxation provides by regulation for a different period.

(NRSUnder 482.315)existing Sectionlaw, 1a dealer of thismotor billvehicles requiresis thatrequired such records instead be made available to keep the Departmentbooks ofand Taxation,her theprincipal Departmentplace of Motorbusiness Vehiclesin andthat certaincounty. local government employees upon request.

SectionA 1broker additionally authorizes such a record to be maintained electronically and requires that such electronic records be made available within 3 business days upon request, unless the different period.r of the Department of Taxation provides by regulation for a Under existing law, a dealer of motor vehicles isist his or required to keep the books and records for all locations at which the dealer does business within a county at his or her principal place of businessbusiness. in that county.

A(NRS 482.3263) Section 2 of this bill authorizes a broker or dealer to maintain such books and records electronically and provides that not later than 3 business days after receiving a request for the production of motorsuch vehiclesbooks and records or any other information or the electronic copies thereof, the dealer or broker is required to keepthe address specified in the booksrequest.es andor books, records and other information at hisEXPLANATION or– herMatter principalin placebolded ofitalics business.is new;

(NRSmatter 482.3263)between Sectionbrackets 2[omitted ofmaterial] this bill authorizes a broker or dealer to maintain such after receiving a request for the production of such books and records or any other - *AB281_R1* – 2 – information or the electronic copies thereof, the dealer or broker is requiredmaterial to thebe addressomitted. specified in the request.es or books, records and other information at THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

and - 81st Session (2021) – 2 – (b) Make each such record [is a public record and open to inspection by any person.] available upon request to:

and (3) A local government employee that requests the record in relation to compliance with local government ordinances or rulesrulesin concerning local business licenses.

and (b) Upon the request of the Director of the Department of Motor Vehicles, provide to the Director of the Department of Motor Vehicles a copy of any record described in this section.section.otor Sec.

- *AB281_R1* – 3 – Sec.

A dealer shall keep his or her books and records for all locations at which the dealer does business within a county at his or her principal place of business in that county [.] or maintain or her books and records at his or her principal place of business [.] or maintain his or her books and records electronically.

A broker shall keep his or her books and records at his or her principal place of business [.] or maintain his or her books and records electronically.

or (b) Not later than 3 business days after receiving a request from such a person for the production of the books and records or any other information [,] or the electronic copies thereof, provide the - 81st Session (2021) – 3 – requested books, records and other information or electronic copies to the person [at the location] specified in the request.

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