Bill > S129

This bill, concerning the guaranty fund for home improvement contractors, clarifies who qualifies as a "claimant" to receive assistance from this fund, which is designed to protect consumers from faulty or incomplete home improvement work. Specifically, it expands the definition of a claimant to include owners and residents of single condominium units who have entered into a contract for construction work on their unit or an area under their exclusive control, and who are seeking redress from a contractor for failing to perform under that contract. This change is made retroactive to January 1, 2010, and allows condominium owners who were previously unable to apply for relief to file claims within six months of the bill's enactment, even if their claim would normally be considered too late.