Introduced
by
To revise various provisions of the law authorizing construction liens on residential property, including licensure fees paid by builders and licensed trades that go into the homeowner construction lien recovery fund. Among other changes, the bill establishes that a lien may only be for the principal amount of any damages, not for any interest or delay penalties. It also would require laborers and other lien claimants to pay a $50 fee every three years, and change a one-time $50 fee on contractors to an annual $10 fee.
Referred to the Committee on Economic Development, Small Business, and Regulatory Reform
Reported without amendment
With the recommendation that the substitute (S-5) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that contains the fee changes, and places other provisions in Senate Bill 405. It changes the proposed fee on laborers and others from $50 to $30.
The substitute passed by voice vote
Passed in the Senate 38 to 0 (details)
To revise various provisions of the law authorizing construction liens on residential property, including licensure fees paid by builders and licensed trades that go into the homeowner construction lien recovery fund. The bill would require laborers and other lien claimants to pay a $30 fee every three years, and change a one-time $50 fee on contractors to an annual $10 fee. See also Senate Bill 405.
Referred to the Committee on Commerce
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 106 to 0 (details)
To revise various provisions of the law authorizing construction liens on residential property, including licensure fees paid by builders and licensed trades that go into the homeowner construction lien recovery fund. The bill would require laborers and other lien claimants to pay a $30 fee every three years, and change a one-time $50 fee on contractors to an annual $10 fee. See also Senate Bill 405.
