Legislation

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 Senate Calendar Date 1/28/2020 Legislative Date 1/28/2020 Action Hearing canceled Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 2/06/2020 Legislative Date 2/06/2020 Action Withdrawn by Sponsor Proceedings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.
Senate	1/28/2020	1/28/2020	Hearing canceled
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	2/06/2020	2/06/2020	Withdrawn by Sponsor

File Code

Subjects

Statutes