Licensed contractors; require itemized statements and establish acceptable fees for residential builders and remodelers.

HB 1500 requires Mississippi-licensed residential builders and remodelers to provide customers with a detailed cost breakdown (including materials, fees, and labor) within 15 days of a written request. It sets maximum fees: 20% of project costs for large jobs or $150 per hour for small projects, with the State Board of Contractors establishing these limits. Violating these rules could trigger disciplinary action by the Board or consumer protection lawsuits under state law. The bill directly affects contractors and customers in home renovation projects, aiming to increase transparency in billing practices.