File Code: Real Property
Prior Year Introduction As: HB 342/07 - ECM
Crossfiled with: SENATE BILL 313
- Sponsored By:
-
Delegates Minnick, Boteler, Braveboy, Burns, Davis, Feldman, Haddaway,
Harrison, Hecht, Impallaria, Jameson, King, Kirk, Krysiak, Love, Manno,
Mathias, McHale, Rudolph, Stifler, Taylor, Vaughn, Walkup, and Weir
- Entitled:
-
Real Property - Construction Contracts - Retention Proceeds
Providing that if a contractor has furnished 100% security to
guarantee performance and 100% security to guarantee payment for labor
and materials, the retention proceeds may not exceed 5% of the
contract price; 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.
Legislative date is used to record
history occuring in the Chambers
otherwise Calendar date is used.
House Action
- 2/1
- First Reading Economic Matters
- 2/13
- Hearing 3/12 at 1:00 p.m.
- 3/10
- Hearing cancelled
- Hearing 3/12 at 2:00 p.m.
- 3/18
- Favorable with Amendments Report by Economic Matters
- 3/16
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/17
- Third Reading Passed (134-4)
Senate Action
- 3/20
- First Reading Judicial Proceedings
- 4/5
- Unfavorable Report by Judicial Proceedings
Sponsored by:
- Delegate Joseph J. Minnick, District 6
- Delegate Joseph C. Boteler, III, District 8
- Delegate Aisha N. Braveboy, District 25
- Delegate Emmett C. Burns, Jr., District 10
- Delegate Dereck E. Davis, District 25
- Delegate Brian J. Feldman, District 15
- Delegate Jeannie Haddaway, District 37B
- Delegate Hattie N. Harrison, District 45
- Delegate Sue Hecht, District 3A
- Delegate Rick Impallaria, District 7
- Delegate Sally Jameson, District 28
- Delegate James J. King, District 33A
- Delegate Ruth M. Kirk, District 44
- Delegate Carolyn J. Krysiak, District 46
- Delegate Mary Ann E. Love, District 32
- Delegate Roger P. Manno, District 19
- Delegate James N. Mathias, Jr., District 38B
- Delegate Brian K. McHale, District 46
- Delegate David D. Rudolph, District 34B
- Delegate Donna Stifler, District 35A
- Delegate Herman L. Taylor, Jr., District 14
- Delegate Michael L. Vaughn, District 24
- Delegate Mary Roe Walkup, District 36
- Delegate Michael H. Weir, Jr., District 6
Bill indexed under the following Subjects:
- Construction
- Contractors -see also- Heating & Cooling; Home Improvement
- Contracts -see also- Land Installment Contracts; Procurement
- Real Property
Bill affects the following Statutes:
- Real Property
- (
9-304 ,
9-304
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note (Displayed in PDF Format):
Available
- Amendments (Displayed in PDF Format):
House
- Number: 803396/01 Offered on: March 19, 2008 at:
10:26 a.m. Status: Adopted
- Roll Call Vote (Legislative date is shown):
House
- March 17, 2008: Third Reading Passed (134-4)