Amendments for HB24-1083
House Journal, January 26
49 HB24-1083 be amended as follows, and as so amended, be referred to
50 the Committee on Appropriations with favorable
51 recommendation:
52
53 Amend printed bill, page 2, line 4, strike "Construction" and substitute
54 "Residential construction".
55
1 Page 2, strike lines 7 and 8.
2
3 Reletter succeeding paragraphs accordingly.
4
5 Page 2, after line 11 insert:
6
7 "(b) "RESIDENTIAL CONSTRUCTION LIABILITY POLICY" MEANS AN
8 INSURANCE POLICY, INCLUDING A COMMERCIAL GENERAL LIABILITY
9 POLICY, AN ERRORS AND OMISSIONS POLICY, A DIRECTORS AND OFFICERS
10 POLICY, A CONTRACTOR-CONTROLLED INSURANCE PROGRAM, AN
11 OWNER-CONTROLLED INSURANCE PROGRAM, OR ANY OTHER INSURANCE
12 POLICY, WHETHER UNDERLYING, EXCESS, OR UMBRELLA, THAT MAY COVER
13 OCCURRENCES OF DAMAGE OR INJURY DURING THE POLICY PERIOD AND
14 THAT MAY INSURE A CONSTRUCTION PROFESSIONAL FOR LIABILITY ARISING
15 FROM RESIDENTIAL CONSTRUCTION-RELATED WORK, INCLUDING:
16 (I) WHEN A CONSTRUCTION PROFESSIONAL MAY BE ENTITLED TO
17 A DEFENSE OR INDEMNITY AS AN ADDITIONAL INSURED UNDER ANOTHER
18 CONSTRUCTION PROFESSIONAL'S LIABILITY INSURANCE POLICY; OR
19 (II) WHEN A CONSTRUCTION PROFESSIONAL MAY BE ENTITLED TO
20 A DEFENSE OR INDEMNITY AS AN ENROLLED CONSTRUCTION PROFESSIONAL
21 UNDER AN OWNER-CONTROLLED INSURANCE PROGRAM OR A
22 CONTRACTOR-CONTROLLED INSURANCE PROGRAM.".
23
24 Reletter succeeding paragraphs accordingly.
25
26 Page 2, line 12, strike "HAS THE MEANING SET FORTH IN", and substitute
27 "MEANS A MULTIFAMILY RESIDENTIAL PROJECT, INCLUDING PROJECTS
28 WITH MORE THAN TWO ADJOINED UNITS OFFERED FOR INDIVIDUAL SALE.".
29
30 Page 2, strike line 13.
31
32 Page 3, line 1, before "CONSTRUCTION" insert "RESIDENTIAL".
33
34 Page 3, line 4, before "CONSTRUCTION" insert "RESIDENTIAL PROPERTY
35 DEVELOPERS'".
36
37 Page 3, line 6, strike "AT A MINIMUM:" and substitute "TO THE EXTENT
38 POSSIBLE:".
39
40 Page 3, line 7, before "CONSTRUCTION" insert "RESIDENTIAL".
41
42 Page 3, line 10, before "CONSTRUCTION" insert "RESIDENTIAL".
43
44 Page 3, line 11, strike "FIVE" and substitute "THREE".
45
46 Page 3, line 12, strike "FACTORS, CLASSIFICATIONS," and substitute
47 "CLASSIFICATIONS, LOSS COST MULTIPLIERS,".
48
49 Page 3, line 13, before "CONSTRUCTION" insert "RESIDENTIAL".
50
51 Page 3, line 17, after "PROJECTS;" add "AND".
52
53 Page 3, strike lines 18 and 19.
54
55 Reletter succeeding paragraphs accordingly.
1 Page 3, line 21, before "CONSTRUCTION" insert "RESIDENTIAL".
2
3 Page 3, line 26, strike "PROGRAM; AND" and substitute "PROGRAM.".
4
5 Page 3, strike line 27.
6
7 Page 4, strike line 1.
8
9 Page 4, line 5, strike "ON OR BEFORE DECEMBER 31, 2026," and substitute
10 "WITHIN ONE YEAR AFTER THE EFFECTIVE DATE OF THIS SECTION,".
11
12 Page 4, line 6, strike "STUDY, INCLUDING THE COMMISSIONER'S FINDINGS
13 AND" and substitute "STUDY".
14
15 Page 4, strike lines 7 and 8.
16
17 Page 4, line 9, strike "APPROPRIATE,".
18
19 Page 4, after line 19 insert:
20
21 "(7) THE COMMISSIONER IS NOT REQUIRED TO COMPLY WITH THE
22 "PROCUREMENT CODE", ARTICLES 101 TO 112 OF TITLE 24, FOR THE
23 PURPOSES OF THIS SECTION.".
24
25 Renumber succeeding subsection accordingly.
26
27 Page 4, strike lines 21 through 27.
28
29 Strike pages 5 and 6.
30
31 Page 7, strike lines 1 through 23.
32
33 Renumber succeeding section accordingly.