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Conference committee approves HB 420 to clarify construction-defect claims process
Summary
A joint House-Senate conference committee on April 23 approved HB 420, which clarifies the statute of repose, notice-of-claim contents, mediation procedures and timelines for construction-defect settlements; the committee adopted a conference draft and passed the bill by recorded voice votes.
A joint House-Senate conference committee voted April 23 to approve HB 420 HC3 ST2, a bill that clarifies how construction-defect claims are filed, mediated and resolved.
The measure narrows ambiguity over the statute of repose for contract and statutory claims, spells out the required contents of a notice of claim served on a contractor, sets the time frame by which a claimant may accept or reject a contractor's settlement or repair…
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