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Session 120 - (2013-2014)Printer Friendly
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S*1026 (Rat #0284, Act #0264 of 2014) General Bill, By Alexander
Similar (H 4659)
Summary: Contractor payment bonds
AN ACT TO AMEND SECTION 29-5-440, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO SUITS ON CONTRACTOR PAYMENT BONDS, SO AS TO PROVIDE THAT CERTAIN WRITTEN NOTICE REQUIRED OF A REMOTE CLAIMANT MUST BE SENT BY CERTIFIED OR REGISTERED MAIL AND MUST GENERALLY CONFORM WITH STATUTORY LIMITS ON THE AGGREGATE AMOUNT OF LIENS FILED BY A SUB-SUBCONTRACTOR OR SUPPLIER, TO PROVIDE ANY PAYMENT BOND SURETY FOR THE BONDED CONTRACTOR SHALL HAVE THE SAME RIGHTS AND DEFENSES OF THE BONDED CONTRACTOR, TO MAKE THE LANGUAGE APPLICABLE TO ANY PAYMENT BOND WHETHER PRIVATE, COMMON LAW, PUBLIC, OR STATUTORY IN NATURE, WHEN THE BONDS ARE NOT OTHERWISE REQUIRED OR GOVERNED BY STATUTE, AND TO PROVIDE NECESSARY DEFINITIONS; AND TO AMEND SECTION 11-1-120, RELATING TO SUITS ON PAYMENT BONDS AND REMOTE CLAIMANTS INVOLVING CONSTRUCTION CONTRACTS WITH THE STATE OR A POLITICAL SUBDIVISION OF THE STATE, SECTION 11-35-3030, RELATING TO CONTRACT PERFORMANCE PAYMENT BONDS UNDER THE CONSOLIDATED PROCUREMENT CODE, AND SECTION 57-5-1660, RELATING TO CONTRACTOR BONDS INVOLVING THE DEPARTMENT OF TRANSPORTATION, ALL SO AS TO MAKE CONFORMING CHANGES. - ratified title
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Similar (H 4659)
Summary: Contractor payment bonds
AN ACT TO AMEND SECTION 29-5-440, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO SUITS ON CONTRACTOR PAYMENT BONDS, SO AS TO PROVIDE THAT CERTAIN WRITTEN NOTICE REQUIRED OF A REMOTE CLAIMANT MUST BE SENT BY CERTIFIED OR REGISTERED MAIL AND MUST GENERALLY CONFORM WITH STATUTORY LIMITS ON THE AGGREGATE AMOUNT OF LIENS FILED BY A SUB-SUBCONTRACTOR OR SUPPLIER, TO PROVIDE ANY PAYMENT BOND SURETY FOR THE BONDED CONTRACTOR SHALL HAVE THE SAME RIGHTS AND DEFENSES OF THE BONDED CONTRACTOR, TO MAKE THE LANGUAGE APPLICABLE TO ANY PAYMENT BOND WHETHER PRIVATE, COMMON LAW, PUBLIC, OR STATUTORY IN NATURE, WHEN THE BONDS ARE NOT OTHERWISE REQUIRED OR GOVERNED BY STATUTE, AND TO PROVIDE NECESSARY DEFINITIONS; AND TO AMEND SECTION 11-1-120, RELATING TO SUITS ON PAYMENT BONDS AND REMOTE CLAIMANTS INVOLVING CONSTRUCTION CONTRACTS WITH THE STATE OR A POLITICAL SUBDIVISION OF THE STATE, SECTION 11-35-3030, RELATING TO CONTRACT PERFORMANCE PAYMENT BONDS UNDER THE CONSOLIDATED PROCUREMENT CODE, AND SECTION 57-5-1660, RELATING TO CONTRACTOR BONDS INVOLVING THE DEPARTMENT OF TRANSPORTATION, ALL SO AS TO MAKE CONFORMING CHANGES. - ratified title
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| 02/18/14 | Senate | Introduced and read first time (Senate Journal-page 9) |
| 02/18/14 | Senate | Referred to Committee on Banking and Insurance (Senate Journal-page 9) |
| 03/13/14 | Senate | Committee report: Favorable with amendment Banking and Insurance (Senate Journal-page 6) |
| 03/14/14 | Scrivener's error corrected | |
| 03/19/14 | Senate | Committee Amendment Adopted (Senate Journal-page 106) |
| 03/19/14 | Senate | Read second time (Senate Journal-page 106) |
| 03/19/14 | Senate | Roll call Ayes-43 Nays-0 (Senate Journal-page 106) |
| 03/20/14 | Senate | Read third time and sent to House (Senate Journal-page 21) |
| 03/20/14 | Scrivener's error corrected | |
| 03/25/14 | House | Introduced and read first time (House Journal-page 19) |
| 03/25/14 | House | Referred to Committee on Labor, Commerce and Industry (House Journal-page 19) |
| 05/15/14 | House | Committee report: Favorable with amendment Labor, Commerce and Industry (House Journal-page 9) |
| 05/21/14 | House | Amended (House Journal-page 175) |
| 05/21/14 | House | Read second time (House Journal-page 175) |
| 05/21/14 | House | Roll call Yeas-99 Nays-0 (House Journal-page 175) |
| 05/22/14 | House | Read third time and returned to Senate with amendments (House Journal-page 9) |
| 05/29/14 | Senate | Concurred in House amendment and enrolled (Senate Journal-page 99) |
| 05/29/14 | Senate | Roll call Ayes-44 Nays-0 (Senate Journal-page 99) |
| 06/05/14 | Ratified R 284 | |
| 06/06/14 | Signed By Governor | |
| 06/13/14 | Effective date 06/06/14 | |
| 06/26/14 | Act No. 264 |