SENATE BILL REPORT

                   SB 6585

                    As of January 24, 2000

Title:  An act relating to contractor surety bonds.

Brief Description:  Increasing the amount of a surety bond a contractor must carry.

Sponsors:  Senators Kline and Fairley.

Brief History:

Committee Activity:  Labor & Workforce Development: 

SENATE COMMITTEE ON LABOR & WORKFORCE DEVELOPMENT

Staff:  Jill Reinmuth (786-7452)

Background:  Both general contractors and specialty contractors must file a surety bond when registering with the Department of Labor and Industries.  The amount of the bond is $6,000 for general contractors and $4,000 for specialty contractors.

Summary of Substitute Bill:  The amount of the bond is increased to $15,000 for general contractors and $8,000 for specialty contractors.  Other technical changes are made.

Substitute Bill Compared to Original Bill:  The original bill was not considered.

Appropriation:  None.

Fiscal Note:  Not requested.

Effective Date:  Ninety days after adjournment of session in which bill is passed.