Performance guarantees; street construction. (HB731)

Introduced By

Del. Mark Dudenhefer (R-Stafford)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Performance guarantees; street construction.  Allows localities to retain full performance guarantees until streets in a new development are accepted by the state agency, local government department or agency, or other public authority that is responsible for maintaining and operating such public facility. The bill also provides that if a developer is in default with regard to street completions in another development within a locality, the locality may withhold acceptance of securities or plat approvals.  Furthermore, a locality may withhold building permits or occupancy permits within a development until streets in a new development are accepted by the state agency, local government department or agency, or other public authority that is responsible for maintaining and operating such public facility. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/11/2012Committee
01/11/2012Prefiled and ordered printed; offered 01/11/12 12102598D
01/11/2012Referred to Committee on Counties, Cities and Towns
01/17/2012Assigned CC & T sub: #2
02/02/2012Subcommittee recommends laying on the table
02/03/2012Tabled in Counties, Cities and Towns