SB 340 Summary

• Increases the exemption threshold for unlicensed residential construction work from $600 to $3,000 aggregate contract price for a single undertaking or project.

• Adds a new exemption allowing armed forces veterans who performed construction-related work during military service to obtain initial licensure without completing prelicensure courses if they provide military documentation and a commanding officer's affidavit.

• Requires initial licensure applicants for residential builders to complete 60 hours of approved prelicensure courses covering seven competency areas including business management, building science, contracts, marketing, project management, Michigan residential code, and safety standards.

• Requires initial licensure applicants for residential maintenance and alteration contractors to complete 5 hours of prelicensure courses pertinent to each applicable craft or trade.

• Takes effect 90 days after enactment and is contingent upon Senate Bill 339 being enacted into law.