House Bill 429

Actions
Last Action to Licensing, Occupations, & Admin Regs (H)
Title AN ACT relating construction performance bonding.
Bill Documents Introduced
Bill Request Number 1618
Sponsor C. Morgan
Summary of Original Version 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.
Index Headings of Original Version Housing, Building, and Construction - Contractor performance bond program
Local Government - Contractor performance bond program, creation
Administrative Regulations and Proceedings - Contractor performance bond program, promulgation of
Cities - Contractor performance bond program, certain cities participation in
Counties - Contractor performance bond program, certain counties participation in

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02/16/17
  • introduced in House
02/21/17
  • to Licensing, Occupations, & Admin Regs (H)


Last updated: 1/16/2019 3:02 PM (EST)