OK HB2278

Amends 15 O.S. 2001, Section 765.3 to expand the definition of home repair fraud to include four acts: misrepresentation of material facts or deception to induce repair contracts; charging unreasonably excessive prices; damaging property to solicit repairs; and impersonating government or utility employees.

Adds new requirement that contractors claiming to be licensed, insured, or bonded must provide consumers with detailed written documentation including license type, licensing agency contact information, license numbers, dates, insurance/bonding policy numbers, and insurance company contact information before entering into a contract.

Creates enhanced penalties for home repair fraud violations that place liens on property: incarceration in the Department of Corrections for up to 2 years, fines up to $10,000, or both, with any such liens declared null and void.

Effective date: November 1, 2010.