HB 539

  • Virginia House Bill
  • 2024 Regular Session
  • Introduced in House Jan 09, 2024
  • House
  • Senate
  • Governor

Developer performance guarantees; periodic partial or final release of a bond, escrow, etc.

Abstract

Release of developer performance guarantees.Provides that no governing body or administrative agency shall refuseto make a periodic partial or final release of a bond, escrow, letterof credit, or other performance guarantee for the actions of anyonenot under contractual agreement with a subdivider or developer orunder the direct supervision and control of the subdivider or developer.

Bill Sponsors (1)

Votes


Actions


Feb 13, 2024

House

Left in Counties, Cities and Towns

Feb 01, 2024

House

Subcommittee recommends laying on the table (5-Y 3-N)

Jan 23, 2024

House

Assigned CC & T sub: Subcommittee #2

Jan 16, 2024

House

Impact statement from DHCD/CLG (HB539)

Jan 09, 2024

House

Prefiled and ordered printed; offered 01/10/24 24103450D

House

Referred to Committee on Counties, Cities and Towns

Bill Text

Bill Text Versions Format
Prefiled and ordered printed; offered 01/10/24 24103450D PDF HTML

Related Documents

Document Format
Fiscal Impact Statement: HB539F164.PDF PDF

Sources

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