summary
Introduced
11/08/2021
11/08/2021
In Committee
11/08/2021
11/08/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislationfor legislation to further regulate residential contracting agreements, reports the accompanying bill (Senate, No. 2569).
AI Summary
This bill amends existing Massachusetts law to further regulate residential contracting agreements. The key provisions are: (1) It limits the amount of any deposit required under a contract to one-third of the total contract price or the actual cost of any special order materials, whichever is greater. (2) It prohibits demanding final payment until the contract is completed to the parties' satisfaction, with an exception for contractors who provide a performance and payment bond of at least $2 million. (3) It specifies that any violation of these provisions constitutes an unfair or deceptive practice under the state's consumer protection laws.
Committee Categories
Budget and Finance
Sponsors (2)
Other Sponsors (1)
Joint Committee on Consumer Protection and Professional Licensure (J)
Last Action
Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 11/08/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/S2569 |
| Bill | https://malegislature.gov/Bills/192/S2569.pdf |
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