Manufactured Housing Licensing and Transaction Recovery Fund Law; limits amount of actual damages . (HB2569)
Introduced By
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
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Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Manufactured Housing Licensing and Transaction Recovery Fund Law. Limits to $4,000 the amount of actual damages that a manufactured home dealer may retain when a buyer fails to accept delivery of a manufactured home that is larger than a single section unit and in the manufactured home dealer's stock. The bill also raises the limit of actual damages from $5,000 to $7,000 when a buyer fails to accept delivery of a manufactured home that is larger than a single section unit and is special ordered for the buyer. The bill also (i) raises the maximum claim amount of a single claimant against the Manufactured Housing Recovery Fund for single or multiple violations by one or more regulants from $20,000 to $40,000, (ii) raises the minimum balance of the Fund from $250,000 to $500,000, (iii) authorizes interest earned on the Fund to be used for education programs for a wider range of individuals and to pay department staff expenses for conducting investigations, and (iv) authorizes the Manufactured Housing Board to use up to five percent of the balance of the Fund in any fiscal year for educational purposes and to pay investigation expenses. Under the bill, the provisions raising the minimum fund balance and authorizing the use of the Fund balance and interest on educational programs and to pay investigative cost will expire on July 1, 2012. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/21/2009 | Committee |
01/21/2009 | Presented and ordered printed 092349720 |
01/21/2009 | Referred to Committee on General Laws |
01/22/2009 | Referred to Committee on General Laws |
01/28/2009 | Impact statement from DPB (HB2569) |
01/28/2009 | Assigned GL sub: Housing |
01/28/2009 | Subcommittee recommends reporting with amendment(s) |
02/03/2009 | Reported from General Laws with amendments (21-Y 1-N) (see vote tally) |
02/04/2009 | Read first time |
02/05/2009 | Read second time |
02/05/2009 | Committee amendments agreed to |
02/05/2009 | Engrossed by House as amended HB2569E |
02/05/2009 | Printed as engrossed 092349720-E |
02/06/2009 | Impact statement from DPB (HB2569E) |
02/06/2009 | Read third time and passed House (96-Y 2-N) |
02/06/2009 | VOTE: --- PASSAGE (96-Y 2-N) (see vote tally) |
02/09/2009 | Constitutional reading dispensed |
02/09/2009 | Referred to Committee on General Laws and Technology |
02/11/2009 | Reported from General Laws and Technology (15-Y 0-N) (see vote tally) |
02/13/2009 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
02/16/2009 | Read third time |
02/16/2009 | Passed Senate (40-Y 0-N) (see vote tally) |
02/18/2009 | Enrolled |
02/18/2009 | Bill text as passed House and Senate (HB2569ER) |
02/18/2009 | Signed by Speaker |
02/18/2009 | Signed by President |
02/26/2009 | G Approved by Governor-Chapter 141 (effective 7/1/09) |
02/26/2009 | G Acts of Assembly Chapter text (CHAP0141) |
03/03/2009 | Impact statement from DPB (HB2569ER) |