Consumer Protection - Home Improvement Contractors - Home Improvement Contracts
What this bill does
Authorizing certain home improvement contractors to obtain the full contract price of a home improvement contract by posting an irrevocable letter of credit in an amount equal to $100,000 per home improvement contract but not exceeding $2,000,000; authorizing certain owners to file a complaint with the Division of Consumer Protection in the Office of the Attorney General under certain circumstances; requiring the Division to notify the contractor, investigate a certain complaint, and make certain determinations; etc.
Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.