Bill

Bill > S1297


ID S1297

ID S1297
Amends existing law to revise provisions regarding the release of certain liens.


summary

Introduced
02/09/2024
In Committee
03/18/2024
Crossed Over
02/29/2024
Passed
03/19/2024
Dead
Signed/Enacted/Adopted
03/21/2024

Introduced Session

2024 Regular Session

Bill Summary

RELATING TO LIENS OF MECHANICS AND MATERIALMEN; AMENDING SECTION 45-521, IDAHO CODE, TO REVISE PROVISIONS REGARDING THE RELEASE OF CERTAIN LIENS; AMENDING SECTION 45-522, IDAHO CODE, TO REVISE PROVISIONS REGARDING THE RELEASE OF LIENS ON REAL PROPERTY; AND DECLARING AN EMER- GENCY AND PROVIDING AN EFFECTIVE DATE.

AI Summary

This bill amends existing law in Idaho to revise provisions regarding the release of certain liens. Specifically, it changes the language around the court order releasing a mechanic's lien, removing the phrase "for all purposes" and clarifying that the lien is released "to the same extent as if released of record by the lienor." Additionally, it updates the language around the rights of the lien claimant under the bond, specifying that those rights are "conditioned on the validity and enforceability of the lien." The bill also includes provisions for preferential court scheduling of proceedings related to the release of these liens.

Committee Categories

Business and Industry, Justice

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Commerce and Human Resources Committee (Senate)

Last Action

Session Law Chapter 150 Effective: 07/01/2024 (on 03/21/2024)

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