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H.B. 811
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VETOES
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14-2904.
(A) UNLESS A BUILDER REGISTRATION NUMBER IS RENEWED AS PROVIDED
IN THIS SECTION, THE BUILDER REGISTRATION NUMBER SHALL EXPIRE ON THE
LAST DAY OF THE 24TH MONTH FOLLOWING THE EFFECTIVE DATE OF THE ISSUANCE
OF THE BUILDER REGISTRATION NUMBER
(B) AT LEAST 60 DAYS BEFORE A BUILDER REGISTRATION NUMBER EXPIRES,
THE CHIEF SHALL MAIL TO THE REGISTRANT, AT THE REGISTRANTS LAST KNOWN
ADDRESS:
(1) A RENEWAL APPLICATION FORM; AND
(2) A NOTICE THAT STATES;
(I) THE DATE ON WHICH THE CURRENT BUILDER REGISTRATION
NUMBER EXPIRES; AND
(II) THE DATE BY WHICH THE CHIEF MUST RECEIVE THE RENEWAL
APPLICATION FOR A RENEWAL TO BE ISSUED MP MAILED BEFORE THE CURRENT
BUILDER REGISTRATION NUMBER EXPIRES.
(C) EACH RENEWAL APPLICATION SUBMITTED TO THE CHIEF SHALL BE
ACCOMPANIED BY A NONREFUNDABLE FEE OF $100.
(D) THE CHIEF SHALL RENEW THE BUILDER REGISTRATION NUMBER OF
EACH REGISTRANT WHO MEETS THE REQUIREMENTS OF THIS SUBTITLE.
14-2005.
A HOME BUILDER MAY NOT TRANSFER, ASSIGN, OR PLEDGE A BUILDER
REGISTRATION NUMBER
14-2906.
(A) (1) THERE IS A HOME BUILDER'S REGISTRATION FUND.
(2) THE FUND IS A CONTINUING, NONLAPSING FUND AND IS NOT
SUBJECT TO § 7-302 OF THE STATE FINANCE AND PROCUREMENT ARTICLE.
(3) ANY UNSPENT PORTIONS OF THE FUND SHALL REMAIN IN THE FUND
AND MAY NOT REVERT OR BE TRANSFERRED TO THE GENERAL FUND OF THE STATE.
(B) THE CHIEF SHALL PAY ALL FEES COLLECTED UNDER THIS SUBTITLE TO
THE COMPTROLLER OF THE STATE, WHO SHALL DISTRIBUTE THE FEES TO THE
FUND.
(C) THE CHIEF SHALL ADMINISTER THE FUND.
(D) THE CHIEF MAY ONLY WITHDRAW AND USE MONEY FROM THE FUND FOR
THE PURPOSES OF COMPLYING WITH AND ENFORCING THIS SUBTITLE, INCLUDING
THE HIRING OF STAFF NECESSARY FOR THE ADMINISTRATION OF THIS SUBTITLE.
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- 4526 -
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