|SB 0840||Revises the statute of limitations and adds economic loss damages for home improvements|
|LR Number:||3397L.05T||Fiscal Note:||3397-05|
|Committee:||Pensions and General Laws|
|Last Action:||07/12/02 - Signed by Governor||Journal page:|
|Title:||HCS SS SCS SB 840|
|Effective Date:||August 28, 2002|
HCS/SS/SCS/SB 840 - This act revises the statute of limitations and adds economic loss damages for home improvements. The ten-year statute of limitations remains the same. Currently, the time period begins to run at completion of the improvement. However, if an occupancy permit is issued, the act provides that the ten year statute of limitations would commence on the date the occupancy permit is issued.
This act is similar to HB 1316 (2002).