SB 1113 Contractors, Board for; optional bonding for Class A and B contractors.
Jeremy S. McPike | all patrons    ...    notes
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Summary as passed Senate: (all summaries)

Board for Contractors; optional bonding for Class A and B contractors. Allows applicants for Class A and Class B contractor licenses to demonstrate financial responsibility by posting a surety bond for both initial application for licensure and subsequent renewals in lieu of providing a financial statement. The bill provides a process for recovery on a surety bond of a contractor who has elected to post such a bond. The bill also amends the Virginia Contractor Transaction Recovery Act (the Act) by providing that an informal fact-finding conference or formal hearing under the Administrative Process Act is not required as a part of the consideration of the claim against the Act unless requested by the claimant. Under current law, an informal fact-finding conference may be held at the discretion of the Department of Professional and Occupational Regulation.

Full text:
01/09/17  Senate: Prefiled and ordered printed; offered 01/11/17 17101273D  pdf | impact statement
02/24/17  Senate: Bill text as passed Senate and House (SB1113ER)  pdf | impact statement
03/16/17  Governor: Acts of Assembly Chapter text (CHAP0572)  pdf

Status:
01/09/17  Senate: Prefiled and ordered printed; offered 01/11/17 17101273D
01/09/17  Senate: Referred to Committee on General Laws and Technology
01/16/17  Senate: Reported from General Laws and Technology (14-Y 0-N)
01/18/17  Senate: Constitutional reading dispensed (38-Y 0-N)
01/19/17  Senate: Read second time and engrossed
01/20/17  Senate: Read third time and passed Senate (38-Y 0-N)
01/30/17  House: Placed on Calendar
01/30/17  House: Read first time
01/30/17  House: Referred to Committee on General Laws
02/06/17  House: Assigned GL sub: Subcommittee #4
02/14/17  House: Subcommittee recommends reporting (5-Y 0-N)
02/16/17  House: Reported from General Laws (22-Y 0-N)
02/20/17  House: Read second time
02/21/17  House: Read third time
02/21/17  House: Passed House BLOCK VOTE (98-Y 0-N)
02/21/17  House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
02/24/17  Senate: Enrolled
02/24/17  Senate: Bill text as passed Senate and House (SB1113ER)
02/24/17  Senate: Signed by President
02/24/17  House: Signed by Speaker
02/28/17  Senate: Enrolled Bill Communicated to Governor on 2/28/17
02/28/17  Governor: Governor's Action Deadline Midnight, March 27, 2017
03/16/17  Governor: Approved by Governor-Chapter 572 (effective 7/1/17)
03/16/17  Governor: Acts of Assembly Chapter text (CHAP0572)