House Bill 507 Summary

• Requires contractor registration applications to identify persons with 25% or greater ownership interest in the business entity, in addition to principals, members, partners, and shareholders.

• Mandates applicants provide a general liability insurance certificate with minimum coverage of $300,000 single limit and proof of workers' compensation insurance or explanation of exemption.

• Requires applicants to disclose whether they or related persons have ever had a contractor license or registration denied, surrendered, revoked, limited, or disciplined in any state, with explanation of any such instances.

• Authorizes the board to refuse registration, issue reprimands, suspend or revoke registrations, impose civil penalties up to $1,000, and recover investigation costs against contractors who violate chapter provisions, engage in fraud, fail to maintain insurance, or commit other disciplinary violations.

• Sets registration fee not to exceed $150 per year; establishes daily civil penalty of up to $50 per day for failure to return revoked or suspended registration certificates; requires disciplinary proceedings to follow contested case procedures under Idaho Code Chapter 52.