KY HB429 | 2017 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 16 2017 - 25% progression, died in committee
Action: 2017-02-21 - to Licensing, Occupations, & Admin Regs (H)
Pending: House Licensing, Occupations & Administrative Regulations Committee
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on February 16 2017 - 25% progression, died in committee
Action: 2017-02-21 - to Licensing, Occupations, & Admin Regs (H)
Pending: House Licensing, Occupations & Administrative Regulations Committee
Text: Latest bill text (Draft #1) [PDF]
Summary
Amend KRS 198B.040 to require the establishment of a performance bond program for contractors and subcontractors; determine who is subject to the requirement; require that performance bonds be posted for all contracts $5,000 or greater; authorize the Board Housing, Buildings and Construction to promulgate administrative regulations necessary to implement a performance bond program.
Title
AN ACT relating construction performance bonding.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2017-02-21 | House | to Licensing, Occupations, & Admin Regs (H) |
| 2017-02-16 | House | introduced in House |
Kentucky State Sources
| Type | Source |
|---|---|
| Summary | http://www.lrc.ky.gov/record/17RS/HB429.htm |
| Text | http://www.lrc.ky.gov/recorddocuments/bill/17RS/HB429/bill.pdf |
