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Contractors' State License Law: cash deposit in lieu of a bond.

It became law on Sep 29, 2018.

CA AB 3126 · Assembly Bill · 2017–2018

Stage
Became law
Started in
Assembly
Sponsor
1
Latest action
Sep 29, 2018

What it does

Existing law, the Contractors' State License Law, provides for licensing and regulation of contractors by the Contractors' State License Board, which is within the Department of Consumer Affairs. Existing law requires an applicant for licensure or a licensee to file or have on file certain bonds, including a contractor's bond in the sum of $15,000. Existing law authorizes an applicant or licensee to instead post a cash deposit in lieu of a required bond.

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Sep 29, 2018

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

Work with this bill

Contractors' State License Law: cash deposit in lieu of a bond. | 52