ILLINOIS—SB3023—MECHANICS LIEN SUBORDINATIONJul 28, 2014
Effective immediately, SB3023 addresses the subordination of mechanics liens to mortgage liens.
SOUTH CAROLINA—NOTICE OF FURNISHING – CASE LAW REVERSEDJul 14, 2014
The Supreme Court of South Carolina has overturned case law regarding the Notice of Furnishing.
PENNSYLVANIA—SB145—RESIDENTIAL LIENSJul 10, 2014
SB145 defines costs of construction and residential property, and limits residential liens to unpaid balance.
VIRGINIA—HB311—PUBLIC PRIVATE TRANSPORTATION ACTJul 10, 2014
Virginia statute, to become effective 10-1-14, provides for public private partnerships on transportation facilities.
COLORADO—HB14-1387—PAYMENT BOND THRESHOLDJul 10, 2014
The threshold for requiring a payment bond increased to $150,000 on state contracts.