SB1162 Summary

• Amends licensing and examination requirements for contractors by allowing the registrar to waive written trade examinations for qualifying parties who previously held licenses in the same or comparable classification within the preceding five years.

• Modifies qualifying party disassociation procedures by requiring the registrar to notify licensees in writing of disassociation and providing a 60-day requalification deadline, with automatic license suspension if not completed.

• Updates recovery fund provisions to clarify that awards are limited to actual damages for residential properties, with a $30,000 maximum per claimant and deduction of amounts recovered from other sources.

• Establishes requirements for removing unlicensed contractors from the public list maintained by the registrar, contingent on the person becoming licensed and remediating all loss or damage caused by unlicensed activity.

• Makes technical corrections and clarifications throughout the contractor licensing statutes, including changes to examination procedures, citation requirements, contract provisions, and disciplinary processes.