SB 1778 -  Escrow Accounts for Improvements to Residential Real Property

by Collins
Requiring contractors and qualified companies that receive a specified amount of money for improvements to residential real property to place such payments in an escrow account with specified institutions or persons; authorizing the contractor or qualified company to keep funds received from different owners in the same account under certain circumstances; authorizing the owner of the residential real property to request in a specified manner an accounting report from the contractor or qualified company, etc.
Effective Date: 07/01/2024
Last Event: 03/08/24 S Died in Regulated Industries on Friday, March 8, 2024 2:25 PM

Referred Committees and Committee Actions

Senate Referrals

  • Regulated Industries
  • Judiciary
  • Rules

Related Bills

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died in Regulated Industries Time: 03/08/2024 - 2:25 PM Member: Committee: Regulated Industries Version: __
Event: S Introduced Time: 01/11/2024 - 4:57 PM Member: Committee: Version: __
Event: S Referred to Regulated Industries; Judiciary; Rules Time: 01/11/2024 - 7:56 AM Member: Committee: Regulated Industries Version: __
Event: S Filed Time: 01/05/2024 - 8:08 PM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
713.345 CS/HB 1563