Plain English Breakdown
The bill did not pass and was not considered for introduction, so its provisions are not enforceable.
Changes to Construction Lien Notices
The bill revises the requirements for preliminary lien notices that subcontractors and material suppliers must send in construction projects.
What This Bill Does
- Revises the time limit for subcontractors and material suppliers to send a notice before they can claim a lien on a construction project, requiring these notices within thirty days of starting work or providing materials but not later than when the owner pays the general contractor.
- Allows subcontractors and material suppliers to send their notice late without losing lien rights if the contractor fails to provide necessary information as required by law.
Who It Names or Affects
- Subcontractors who work on construction projects in Wyoming
- Material suppliers providing materials for construction projects in Wyoming
Terms To Know
- lien
- A legal claim against property to secure the payment of a debt or charge.
- subcontractor
- A company hired by another contractor to do part of a construction project.
Limits and Unknowns
- The bill did not pass and was not considered for introduction in the House.
- It is unclear how many subcontractors or material suppliers will be affected since it did not become law.