Manufactured Housing Licensing and Transaction Recovery Fund Law; raises maximum claim amount. (SB1459)

Introduced By

Sen. Phil Puckett (D-Tazewell)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Manufactured Housing Licensing and Transaction Recovery Fund Law. 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, and raises the minimum balance of the Fund from $250,000 to $500,000. The bill also (i) 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 (ii) 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 »


Bill Has Passed


01/20/2009Presented and ordered printed 092389300
01/20/2009Referred to Committee on General Laws and Technology
01/27/2009Impact statement from DPB (SB1459)
01/28/2009Reported from General Laws and Technology with substitute (15-Y 0-N) (see vote tally)
01/29/2009Committee substitute printed 092406300-S1
01/30/2009Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/02/2009Read second time
02/02/2009Reading of substitute waived
02/02/2009Committee substitute agreed to 092406300-S1
02/02/2009Engrossed by Senate - committee substitute SB1459S1
02/03/2009Impact statement from DPB (SB1459S1)
02/03/2009Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/12/2009Placed on Calendar
02/12/2009Read first time
02/12/2009Referred to Committee on General Laws
02/17/2009Reported from General Laws with substitute (21-Y 1-N) (see vote tally)
02/17/2009Committee substitute printed 091856584-H1
02/18/2009Impact statement from DPB (SB1459H1)
02/18/2009Read second time
02/19/2009Read third time
02/19/2009Committee substitute agreed to 091856584-H1
02/19/2009Engrossed by House - committee substitute SB1459H1
02/19/2009Passed House with substitute (97-Y 1-N)
02/19/2009VOTE: --- PASSAGE (97-Y 1-N) (see vote tally)
02/23/2009House substitute agreed to by Senate (39-Y 0-N) (see vote tally)
02/23/2009Title replaced 091856584-H1
02/28/2009Bill text as passed Senate and House (SB1459ER)
02/28/2009Signed by President
02/28/2009Signed by Speaker
03/12/2009Impact statement from DPB (SB1459ER)
03/27/2009G Approved by Governor-Chapter 579 (effective 7/1/09)
03/27/2009G Acts of Assembly Chapter text (CHAP0579)


This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 1 minute.