1.  The Department shall establish a vehicle registration program for short-term lessors that have a fleet of vehicles registered in this State to allow the short-term lessors which satisfy the requirements for eligibility established by the Department to submit to the Department:

(a) Applications for initial registration of vehicles added to the fleet, which must include, without limitation, the information required by NRS 482.295.

(b) Applications for the renewal of the registration of vehicles in the fleet, including, without limitation, the information required by NRS 482.295.

(c) Payment of the registration fees and governmental services taxes due for the initial registration and renewal of vehicles in the fleet, including, without limitation, any sales or use tax due pursuant to NRS 482.225.

2.  The Department shall issue for each vehicle in the fleet of a short-term lessor that is registered pursuant to this section a:

(a) Certificate of registration; and

(b) Decal indicating the registration status of the vehicle pursuant to the program, which must be affixed to the license plate of each vehicle.

3.  A certificate of registration and decal issued pursuant to this section are valid for the vehicle until the vehicle is no longer a part of the fleet of the short-term lessor, unless the short-term lessor fails to renew the registration. The short-term lessor must not be required to display on the license plate of a vehicle registered pursuant to this section the month and year on which the registration expires.

4.  The Department shall provide to a short-term lessor that participates in the program established pursuant to subsection 1 electronic notice of the required renewal of registration for a vehicle in the fleet, which must be sent at least 30 days before payment is due. Notification sent pursuant to this subsection must include the information required pursuant to subsection 3 of NRS 482.280 for other renewals.

5.  A short-term lessor that participates in the program established pursuant to subsection 1 must:

(a) Pay annually the renewal fees and governmental services taxes required for each fleet vehicle registered in this State.

(b) Upon removing a vehicle from the fleet, notify the Department.

6.  Any vehicle having a declared gross weight in excess of 26,000 pounds is not eligible to be registered as part of a fleet pursuant to this section.

7.  The Department shall adopt regulations necessary to carry out the provisions of this section. The regulations must include, without limitation, the number of vehicles that a short-term lessor must possess as part of the fleet to participate in the program.