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OK HB3359
Bill
Status
5/23/2014
Primary Sponsor
Clark Jolley
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AI Summary
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Creates the Oklahoma Construction Registry Act, establishing a voluntary centralized electronic database administered by the Secretary of State for managing notices of commencement on commercial construction projects (excludes residential projects of four or fewer dwelling units)
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Requires owners or general contractors who choose to register a project to do so within 10 business days after contract signing or start of construction; all providers on registered projects must also register or forfeit lien and bond rights
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Providers who register preserve lien rights for activity up to 60 days prior to registration through project completion, and registered providers are exempt from the pre-lien notice requirement under Section 142.6 of Title 42
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Establishes maximum fees: $10 for project registration, $5 for provider registration, $2 for each additional entity a provider registers, and $10 for non-registered party reviews; fees deposited into the Oklahoma Construction Registry Revolving Fund
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Creates a nine-member industry advisory council with appointments by the Governor (3 members), Speaker of the House (3 members), and President Pro Tempore of the Senate (3 members); effective date July 1, 2015
Legislative Description
Liens; creating the Oklahoma Construction Registry Act; effective date.
Property
Last Action
Vetoed 06/04/2014
5/23/2014