Senate Bill No. 32–Committee on Commerce and Labor
Prefiled January 25, 1999
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Referred to Committee on Commerce and Labor
SUMMARY—Revises provisions concerning contractors. (BDR 54-22)
FISCAL NOTE: Effect on Local Government: Yes.
Effect on the State or on Industrial Insurance: No.
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EXPLANATION – Matter in
bolded italics is new; matter between brackets
THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
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Section 1. NRS 624.270 is hereby amended to read as follows: 624.270 1. Before issuing a contractor’s license to any applicant, the1-3
board shall require that the applicant:1-4
(a) File with the board a surety bond in a form acceptable to the board1-5
executed by the contractor as principal with a corporation authorized to1-6
transact surety business in the State of Nevada as surety; or1-7
(b) In lieu of1-8
provided in this section.1-9
2. Before granting renewal of a contractor’s license to any applicant,1-10
the board shall require that the applicant file with the board satisfactory1-11
evidence that his surety bond or cash deposit is in full force .1-12
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3.1-14
full force the required bond or to establish the required cash deposit1-15
constitutes cause for the board to deny, revoke, suspend or refuse to renew a1-16
license.2-1
4. Except as otherwise provided in subsection2-2
bond or cash deposit required by this section must be fixed by the board2-3
with reference to the contractor’s financial and professional responsibility2-4
and the magnitude of his operations, but must be not less than $1,000 or2-5
more than $100,000. The bond must be continuous in form and must be2-6
conditioned that the total aggregate liability of the surety for all claims is2-7
limited to the face amount of the bond irrespective of the number of years2-8
the bond is in force. The board may increase or reduce the amount of any2-9
bond or cash deposit if evidence supporting such a change in the amount is2-10
presented to the board at the time application is made for renewal of a2-11
license or at any hearing conducted pursuant to NRS 624.310.2-12
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withdrawn 2 years after termination of the license in connection with which2-14
it was established, or 2 years after completion of all work authorized by the2-15
board after termination of the license, whichever occurs later, if there is no2-16
outstanding claim against it.2-17
5.2-18
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607.165 that three substantiated claims for wages have been filed against a2-30
contractor within a 2-year period, the board shall require the contractor to2-31
file a bond or establish a cash deposit in an amount fixed by the board. The2-32
contractor shall maintain the bond or cash deposit for the period required by2-33
the board.2-34
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meaning ascribed to it in NRS 607.165.2-36
Sec. 2. NRS 624.283 is hereby amended to read as follows: 624.283 1. Each license issued under the provisions of this chapter2-38
expires 1 year after the date on which it is issued, except that the board may2-39
by regulation prescribe shorter or longer periods and prorated fees to2-40
establish a system of staggered renewals. Any license which is not renewed2-41
on or before the date for renewal is automatically suspended.2-42
2. A license may be renewed by submitting to the board:2-43
(a) An application for renewal;3-1
(b) The statement required pursuant to NRS 624.268 if the holder of the3-2
license is a natural person; and3-3
(c) The fee for renewal fixed by the board.3-4
3. The board may require the licensee to submit at any time a financial3-5
statement that is prepared by a certified public accountant, if the board3-6
believes that:3-7
(a) The licensee did not pay an undisputed debt;3-8
(b) The licensee has violated or may be violating a provision of chapter3-9
624 of NRS or a regulation adopted pursuant thereto; or3-10
(c) The licensee’s financial responsibility may be impaired.3-11
4. If a license is automatically suspended pursuant to subsection 1, the3-12
licensee may have his license reinstated upon filing an application for3-13
renewal within3-14
in addition to the fee for renewal, a fee for reinstatement fixed by the board,3-15
if he is otherwise in good standing and there are no complaints pending3-16
against him. If he is otherwise not in good standing or there is a complaint3-17
pending, the board shall require him to provide a current financial statement3-18
prepared by a certified public accountant or establish other conditions for3-19
reinstatement. If the licensee is a natural person, his application for renewal3-20
must be accompanied by the statement required pursuant to NRS 624.268.3-21
A license which is not reinstated within3-22
automatically suspended may be canceled by the board, and a new license3-23
may be issued only upon application for an original contractor’s license.3-24
Sec. 3. NRS 624.360 is hereby amended to read as follows: 624.360 1. Any person violating any of the provisions of this chapter3-26
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misdemeanor and shall be punished by a fine of not less than $1,000 nor3-32
more than $2,000, and may be further punished by imprisonment in the3-33
county jail for not more than 1 year.3-34
2. Imposition of the penalty provided for in this section is not precluded3-35
by any disciplinary action taken by the board against a contractor pursuant3-36
to the provisions of NRS 624.300 to 624.305, inclusive.3-37
Sec. 4. Chapter 40 of NRS is hereby amended by adding thereto a new3-38
section to read as follows:3-39
1. Except as otherwise provided in NRS 116.4113 and 116.4114, each3-40
contractor who develops or constructs a new residence shall, if the3-41
residence is sold to a person other than the contractor, provide a written3-42
homeowner’s warranty for that residence. The warranty must state that4-1
the contractor will repair or replace, without cost to the person to whom4-2
the residence is sold:4-3
(a) Any constructional defect in the residence, other than a defect4-4
specified in paragraph (b), occurring within 1 year after a certificate of4-5
occupancy is issued for the residence; and4-6
(b) Any defect in a structural component of the residence occurring4-7
within 10 years after a certificate of occupancy is issued for the residence.4-8
As used in this paragraph, "structural component" means the foundation,4-9
floors, walls, roof trusses or rafters of a residence.4-10
2. A sale or other conveyance of a residence for which a4-11
homeowner’s warranty is provided pursuant to the provisions of this4-12
section does not extinguish, modify or limit that warranty.4-13
Sec. 5. NRS 40.600 is hereby amended to read as follows: 40.600 As used in NRS 40.600 to 40.695, inclusive, and section 4 of4-15
this act, unless the context otherwise requires, the words and terms defined4-16
in NRS 40.605 to 40.630, inclusive, have the meanings ascribed to them in4-17
those sections.4-18
Sec. 6. NRS 607.165 is hereby amended to read as follows: 607.165 1. The labor commissioner shall notify the state contractors’4-20
board after three substantiated claims for wages have been filed against a4-21
contractor within a 2-year period. The notification must include a copy of4-22
the final written decision of the labor commissioner with regard to each4-23
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2. The labor commissioner may recommend to the state contractors’4-25
board the amount of the bond or cash deposit that a contractor should be4-26
required to file or establish pursuant to subsection4-27
3. As used in this section:4-28
(a) "Contractor" has the meaning ascribed to it in NRS 624.020.4-29
(b) "Substantiated claims for wages" means claims for wages against a4-30
contractor that the labor commissioner determines to be valid after4-31
providing notice and conducting a hearing pursuant to the provisions of this4-32
chapter.4-33
Sec. 7. The amendatory provisions of this act do not apply to offenses4-34
that are committed before October 1, 1999.~