Contractors, general; waiver or diminishment of lien rights, subordination of lien rights. (SB319)

Introduced By

Sen. Frank Ruff (R-Clarksville)

Progress

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

Description

General contractors; waiver or diminishment of lien rights; subordination of lien rights. Provides that a general contractor may not waive or diminish his lien rights in a contract in advance of furnishing any labor, services, or materials. The bill further provides that, notwithstanding the prohibition against waiving or diminishing such a lien right, a general contractor may, prior to or after providing any labor, services, or materials, contract to subordinate his lien rights to prior and later recorded deeds of trust, provided that such contract is (i) in writing and (ii) signed by any general contractor whose lien rights are being subordinated pursuant to such contract. This bill is identical to HB 823. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/08/2018Prefiled and ordered printed; offered 01/10/18 18103061D
01/08/2018Referred to Committee on General Laws and Technology
01/15/2018Reported from General Laws and Technology (14-Y 0-N) (see vote tally)
01/17/2018Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/18/2018Read second time and engrossed
01/19/2018Read third time and passed Senate (39-Y 0-N) (see vote tally)
01/23/2018Placed on Calendar
01/23/2018Read first time
01/23/2018Referred to Committee for Courts of Justice
02/14/2018Reported from Courts of Justice (17-Y 0-N) (see vote tally)
02/16/2018Read second time
02/19/2018Read third time
02/19/2018Passed House BLOCK VOTE (100-Y 0-N)
02/19/2018VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally)
02/21/2018Enrolled
02/21/2018Bill text as passed Senate and House (SB319ER)
02/21/2018Signed by Speaker
02/23/2018Signed by President
02/26/2018Enrolled Bill Communicated to Governor on February 26, 2018
02/26/2018G Governor's Action Deadline Midnight, March 5, 2018
03/02/2018G Approved by Governor-Chapter 79 (effective 7/1/18)
03/02/2018G Acts of Assembly Chapter text (CHAP0079)

Duplicate Bills

The following bills are identical to this one: HB823.