Introduced
by
To revise details of the state “Construction Lien Act," which among other things was designed to protect homeowners from having to pay twice for labor or materials when a contractor goes broke before paying off subcontractors. The bill would clarify that an actual increase in value is not necessary for the law to apply; authorize construction liens for professional services; extend the time to file a lien; and extend the limitation period for filing a foreclosure action under the act.
Referred to the Committee on Regulatory Reform
