Last Action | to Licensing, Occupations, & Admin Regs (H) |
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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 |
02/16/17 |
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02/21/17 |
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Last updated: 1/16/2019 3:02 PM (EST)