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Original
Chamber
1st
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
3rd
Reading
Review in
Original Chamber
To Governor
Title
Business Regulation - Home Builders - Performance Bond Requirement
Sponsored by
Senator Ellis
Status
In the Senate - Hearing 1/30 at 2:00 p.m.
Analysis
Synopsis
Requiring a person that constructs new homes for sale to the public to purchase a performance bond for the construction of each new home; requiring the liability under a performance bond to be for a period of 5 years after completion; prohibiting a home builder from beginning construction of a new home under certain circumstances; and altering the circumstances under which a building and permits department of a county may not issue a certain permit to include failure to purchase a performance bond.
Committees
Original:
Finance
Details
Bill File Type: Pre-Filed
Effective Date(s): October 1, 2020
History
Legislation History
Chamber
Senate
Calendar Date
10/30/2019
Legislative Date
10/30/2019
Action
Pre-filed
Proceedings
Chamber
Senate
Calendar Date
1/08/2020
Legislative Date
1/08/2020
Action
First Reading Finance
Proceedings
Chamber
Calendar Date
Legislative Date
Action
Text - First - Business Regulation - Home Builders - Performance Bond Requirement
Proceedings
Chamber
Senate
Calendar Date
1/13/2020
Legislative Date
1/13/2020
Action
Hearing 1/30 at 2:00 p.m.
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
Senate 10/30/2019 10/30/2019 Pre-filed
Senate 1/08/2020 1/08/2020 First Reading Finance
Text - First - Business Regulation - Home Builders - Performance Bond Requirement
Senate 1/13/2020 1/13/2020 Hearing 1/30 at 2:00 p.m.
File Code
Subjects
Statutes
Last Updated: 1/19/2020 9:41 AM