2006 Regular Session

HOUSE BILL 488

File Code: Real Property Prior Year Introduction As: HB 188/05 - ECM
Sponsored By:
Delegates Minnick, Conroy, Feldman, Harrison, Jameson, Kirk, Krysiak, Love, McHale, Taylor, Trueschler, Vaughn, Walkup, and Wood
Entitled:
Real Property - Construction Contracts - Retention Proceeds

Synopsis:

Providing that retention proceeds may not exceed a specified percentage of specified contracts or payments under specified circumstances; providing that retention proceeds may exceed a specified percentage of payments if contractors reasonably determine that the performance of subcontractors provides reasonable grounds for withholding specified amounts; etc.

History by Legislative Date

House Action
1/30
First Reading Economic Matters
2/1
Hearing 2/9 at 1:00 p.m.
2/27
Favorable Report by Economic Matters
2/28
Favorable Report Adopted
Second Reading Passed
3/2
Third Reading Passed (131-10)
Senate Action
3/3
First Reading Judicial Proceedings

Sponsored by:

Delegate Joseph J. Minnick, District 6
Delegate Mary A. Conroy, District 23A
Delegate Brian J. Feldman, District 15
Delegate Hattie N. Harrison, District 45
Delegate Sally Jameson, District 28
Delegate Ruth M. Kirk, District 44
Delegate Carolyn J. Krysiak, District 46
Delegate Mary Ann E. Love, District 32
Delegate Brian K. McHale, District 46
Delegate Herman L. Taylor, Jr., District 14
Delegate John G. Trueschler, District 42
Delegate Michael L. Vaughn, District 24
Delegate Mary Roe Walkup, District 36
Delegate John F. Wood, Jr., District 29A

Bill indexed under the following Subjects:

CONSTRUCTION
CONTRACTORS -see also- HEATING & COOLING; HOME IMPROVEMENT
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT

Bill affects the following Statutes:

Real Property
( 9-304 , 9-304 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments: None offered
Roll Call Vote (Legislative date is shown):
House
March 2, 2006: Third Reading Passed (131-10)