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Legislation


2004 Regular Session

HOUSE BILL 662

File Code: Real Property
Sponsored By:
Delegate Hubbard
Entitled:
Real Property - Construction Contracts - Retention Proceeds

Synopsis:

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

History by Legislative Date

House Action
2/4
First Reading Economic Matters
2/25
Hearing 3/9 at 1:00 p.m.
3/25
Unfavorable Report by Economic Matters
Senate Action
No Action
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: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
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