Indiana House Bill 1021 (Prior Session Legislation)

---

Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Engrossed on February 4 2020 - 50% progression, died in committee
Action: 2020-02-17 - First reading: referred to Committee on Rules and Legislative Procedure
Pending: Senate Rules and Legislative Procedure Committee
Text: Latest bill text (Amended) [PDF]

Liens. Permits a person to discharge a mechanic's lien by filing an indemnification, payment, or cash bond with the recorder's office in an amount equal to at least 150% of the lien or $7,500, whichever is greater. Requires the surety responsible for issuing an indemnification or payment bond to: (1) be authorized to do business in Indiana; and (2) be rated at least "A-" by at least one nationally recognized investment rating service. Specifies certain requirements concerning the recording of an indemnification or payment bond. Provides that the filing of a bond discharges the property and liability of a person served by a lien claimant not less than 30 days after the filing of a bond. Provides that a contractor or subcontractor may adjudicate the adequacy of a bond in certain instances. Provides that the liability of a person served by a lien claimant may not be discharged while the adequacy of a bond is being adjudicated. Repeals the current statute concerning the filing of a written undertaking to discharge a lien.

Liens.

Rep. Gerald Torr [R]

Rep. Edward DeLaney [D]

Sen. Aaron Freeman [R]

2020-02-03 - House - House - Third reading (Y: 60 N: 33 NV: 1 Abs: 6) [PASS]
2020-01-27 - House - House - Committee Vote (Y: 11 N: 0 NV: 0 Abs: 2) [PASS]

Date	Chamber	Action
2020-02-17	Senate	First reading: referred to Committee on Rules and Legislative Procedure
2020-02-04	House	Referred to the Senate
2020-02-03	House	Senate sponsor: Senator Freeman
2020-02-03	House	Third reading: passed; Roll Call 153: yeas 60, nays 33
2020-01-30	House	Second reading: ordered engrossed
2020-01-28	House	Committee report: amend do pass, adopted
2020-01-23	House	Representative DeLaney added as coauthor
2020-01-06	House	First reading: referred to Committee on Judiciary
2020-01-06	House	Authored by Representative Torr

Type	Source
Summary	https://iga.in.gov/legislative/2020/bills/house/1021/details
Text	http://iga.in.gov/static-documents/8/d/6/e/8d6eebb7/HB1021.01.INTR.pdf
Text	http://iga.in.gov/static-documents/1/c/3/6/1c36d810/HB1021.01.INTR.pdf
Text	http://iga.in.gov/static-documents/0/1/7/9/0179e1b7/HB1021.02.COMH.pdf
Roll Call	http://iga.in.gov/static-documents/9/9/7/2/9972f33d/HB1021.01.INTR.02.pdf
Roll Call	http://iga.in.gov/static-documents/0/9/6/6/0966d3d3/HB1021.153_H.pdf