Subdivision ordinances; bonding requirements. (HB2029)
Introduced By
Del. Danny Marshall (R-Danville)
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Subdivision ordinance; bonding requirements. Reduces the bonding requirement from 25 percent to 10 percent of estimated construction costs for the administrative allowance required from a developer. This provision will sunset in 5 years. Amends § 15.2-2241 (“Mandatory provisions of a subdivision ordinance.”), of the Code of Virginia. View Full Text »
Outcome
Bill Has Passed
View Bill's History
