COMBO COMMERCIAL & RESIDENTIAL STRUCTURE S.B. 986 (S-1):
SUMMARY OF BILL
REPORTED FROM COMMITTEE
Senate Bill 986 (Substitute S-1 as reported)
CONTENT
The bill would amend the Occupational Code to delete from certain provisions and definitions references to a combination of residential and commercial structure.
Under Section 2411 of the Code, a complaint filed under Section 2411 or Article 5, or both, must be made within 18 months after the latest of the following regarding a residential structure or a combination of residential and commercial structure as follows:
-- In the case of a maintenance and alteration contract: completion, occupancy, or purchase.
-- In the case of a project requiring an occupancy permit: issuance or the certificate of occupancy or temporary certificate of occupancy or closing.
A licensee or applicant who commits one or more prescribed violations is subject to the penalties set forth in Article 6. Among those violations is the failure to deliver to the purchaser the entire agreement of the parties including any finance or other charge arising out of or incidental to the agreement if the agreement involves repair, alteration, or addition to, subtraction from, improvement of, wrecking of, or demolition of a residential structure or combination of residential and commercial structure, building of a garage, laying of concrete on residential property, or manufacture, assembly, construction, sale, or distribution of a residential or combination residential and commercial structure that is prefabricated, preassembled, precut, packaged, or shell housing.
The bill would delete from the above provisions reference to a combination of residential and commercial structure.
MCL 339.2401 & 339.2411 Legislative Analyst: Stephen Jackson
FISCAL IMPACT
The bill would have no fiscal impact on State or local government.
Date Completed: 9-9-20 Fiscal Analyst: Elizabeth Raczkowski
This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.