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Latest Update: Wednesday, October, 15th 2008
Companion Bill SB3658. Contractors - Revises requirements related to contractor retainage funds; makes violation a Class A misdemeanor. - Amends TCA Section 66-11-144 and Title 66, Chapter 34. Fiscal Summary for *HB3105 / SB3658(CORRECTED) MINIMAL Bill Summary for *HB3105 / SB3658 This bill revises present law provisions regarding retained amounts for contracts, as follows: (1) Under present law, whenever, in any contract for the improvement of real property, a certain amount or percentage of the contract price is retained, that retained amount must be deposited in a separate, interest bearing, escrow account with a third party. Present law specifies that the escrow requirement for retained amounts applies to any contract or subcontract for the improvement of real property when the contract price in the contract or subcontract is $500,[...] show full description
- 05/08/2008 - Public Chapter 804
- 05/08/2008 - Effective date(s) 07/01/08
- 04/24/2008 - Signed by Governor.
- 04/15/2008 - Transmitted to Governor for his action.
- 04/14/2008 - Signed by Senate Speaker
show all actions- 05/08/2008 - Public Chapter 804
- 05/08/2008 - Effective date(s) 07/01/08
- 04/24/2008 - Signed by Governor.
- 04/15/2008 - Transmitted to Governor for his action.
- 04/14/2008 - Signed by Senate Speaker
- 04/14/2008 - Signed by House Speaker
- 04/10/2008 - Enrolled; ready for sig. of House Speaker.
- 04/10/2008 - H. concurred in Senate am. no. no. 1 Ayes 98, Nays 0
- 04/07/2008 - H. Placed on Message Calendar for 4/10/08
- 04/03/2008 - Passed Senate as am., Ayes 27, Nays 0
- 04/03/2008 - Senate Substituted House Bill for Companion Senate Bill
- 04/03/2008 - Senate adopted am. #1
- 03/17/2008 - Received from House, Passed first consideration
- 03/13/2008 - Engrossed; ready for transmission to Sen.
- 03/13/2008 - Passed House, as am., Ayes 96, Nays 0
- 03/13/2008 - H. adopted am.(Amendment 2 of 0 - HA1046)
- 03/13/2008 - H. adopted am.(Amendment 1 of 0 - HA0983)
- 03/11/2008 - H. Placed on Regular Calendar for 3/13/08
- 03/10/2008 - Placed on Calendar Calendar & Rules Committee for 03/11/2008
- 03/06/2008 - Action Deferred in Calendar & Rules to Next Calendar
- 03/04/2008 - Placed on Calendar Calendar & Rules Committee for 03/06/2008
- 03/04/2008 - Recommended for Passage if Am. Referred to: Calendar & Rules Committee
- 02/27/2008 - Placed on Calendar Commerce Committee for 03/04/2008
- 02/27/2008 - Recommended for Passage if am. by Subcommittee Referred to Commerce Committee
- 02/20/2008 - Placed on Subcommittee Calendar Industrial Impact of Commerce for 02/27/2008
- 02/20/2008 - Action Deferred in Subcommittee Industrial Impact of Commerce to 2/27/2008
- 02/13/2008 - Placed on Subcommittee Calendar Industrial Impact of Commerce for 02/20/2008
- 02/13/2008 - Action Deferred in Subcommittee Industrial Impact of Commerce to 2/20/2008
- 02/06/2008 - Placed on Subcommittee Calendar Industrial Impact of Commerce for 02/13/2008
- 01/30/2008 - Assigned to Subcommittee Industrial Impact of COM
- 01/24/2008 - Passed second consideration, Referred to Commerce
- 01/23/2008 - Introduced, Passed first consideration
- 01/17/2008 - Filed for Introduction
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Fiscal Notes
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