MD SB75 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 8 2020 - 25% progression, died in chamber
Action: 2020-02-06 - Unfavorable Report by Finance; Withdrawn
Text: Latest bill text (Introduced) [PDF]

Summary

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.

Tracking Information

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Title

Business Regulation - Home Builders - Performance Bond Requirement

Sponsors


History

DateChamberAction
2020-02-06SenateUnfavorable Report by Finance; Withdrawn
2020-01-28SenateHearing canceled
2020-01-13SenateHearing 1/30 at 2:00 p.m.
2020-01-08SenateFirst Reading Finance
2019-10-30SenatePre-filed

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Business Regulation5302.1(n/a)See Bill Text
Business Regulation5601(n/a)See Bill Text

Maryland State Sources


Bill Comments

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