S0100B2428A09590 MSP:BTW 10/02/08 #90 A09590 AMENDMENTS TO SENATE BILL NO. 100 Sponsor: REPRESENTATIVE ELLIS Printer's No. 2428 1 Amend Sec. 9, page 22, line 16, by striking out all of said 2 line and inserting 3 (10) (i) Except as provided under subparagraph (ii), 4 for a home improvement contract in which the total 5 Amend Sec. 9, page 22, line 18, by striking out all of said 6 line and inserting 7 (A) one-third of the home improvement contract 8 Amend Sec. 9, page 22, line 20, by striking out all of said 9 line and inserting 10 (B) one-third of the home improvement contract 11 Amend Sec. 9, page 22, by inserting between lines 22 and 23 12 (ii) The provisions of this paragraph shall not 13 apply to a home improvement retailer having a net worth 14 of more than $50,000,000 in which the total home 15 improvement contract price is paid. The following shall 16 apply: 17 (A) Upon notification by the owner that the home 18 improvement contract has been fulfilled, the home 19 improvement retailer may make payment to the 20 contractor. 21 (B) Upon written notification by the owner that 22 the home improvement contract has not been fulfilled, 23 the following shall apply: 24 (I) The home improvement retailer shall 25 resolve the dispute within 30 days of receipt of 26 the notification under clause (B). 27 (II) If the home improvement retailer fails 28 to resolve the dispute within 30 days of receipt 29 of the notification under clause (B) and upon 30 judgment against the home improvement retailer by 31 a court of competent jurisdiction the owner 32 shall, in addition to any civil penalties 33 provided for under this act, be awarded court 34 costs, applicable attorney fees and treble
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