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2021 SESSION

• | print version

SB 1092 Performance guarantees, certain; provisions for periodic partial and final release.

Introduced by: Scott A. Surovell | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Land subdivision and development; release of performance guarantees. Prohibits the final complete release of any remaining bond, escrow, letter of credit, or other performance guarantee required of a subdivider or developer by a governing body for the construction of certain public facilities until each common area, if any, is transferred from the subdivider or developer to a property owners' association.

FULL TEXT

• 01/17/20  Senate: Presented and ordered printed 20106012D  pdf | impact statement

HISTORY

• 01/17/20  Senate: Presented and ordered printed 20106012D
• 01/17/20  Senate: Referred to Committee on Local Government
• 02/03/20  Senate: Continued to 2021 in Local Government (12-Y 0-N)
• 12/04/20  Senate: Left in Local Government