Performance guarantees, certain; provisions for periodic partial and final release.
Summary
Land subdivision and development; release of performance guarantees. Prohibits the final complete release of any remaining bond, escrow, letter of credit, or other performance guarantee required of a subdivider or developer by a governing body for the construction of certain public facilities until each common area, if any, is transferred from the subdivider or developer to a property owners' association.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2020
Committee Review
Floor Vote
Governor
Introduced Jan 17, 2020
Last action Feb 3, 2020
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Jan 17, 2020
Committee
Referred to Committee on Local Government
upper
Jan 17, 2020
Introduced
Presented and ordered printed 20106012D
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Scott Surovell
DDemocratic
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