The Nevada Collision Industry Association announced that
Assembly Bill 204, which amended a previous total-loss bill, and Senate Bill
238, aimed at expanding the Advisory Board on Automotive Affairs, passed.
Prior to A.B. 204 passing, repair costs for damaged
vehicles in Nevada could not exceed 65 percent of the car's actual value with
some exemptions. Now, there are additional exemptions for electronic
components. Regarding recovered stolen vehicles, exemptions include tires and
wheels, along with audio and visual equipment.
"The electronic exclusion is a much better deduction
than just the simple airbags that other states have done," said Michael
Spears, founder of the Nevada Collision Industry Association and partner of
Collision Authority, a three-store operation in Las Vegas.
The bill took effect July 1, 2011.
S.B. 238 expanded the number of members of the Advisory Board
on Automotive Affairs from seven to 10. On the board now will be the following
individuals as appointed by the governor: one representative from the
Department of Motor Vehicles; one representative of licensed operators of body
shops; one representative of licensed automobile wreckers; one representative
of registered garage operators; one representative of licensed operators of
salvage pools; one representative of licensed operators of authorized emissions
stations; one representative of licensed insurers of motor vehicles; one
representative of licensed new or used motor vehicle dealers; and two
representatives of the general public.
More information:
Read a copy of A.B. 204
Read a copy of S.B. 238