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H.B. 811
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VETOES
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(IV) A PROVISION DETAILING THE PURCHASER'S RIGHT TO RECEIVE
A CONSUMER INFORMATION PAMPHLET AS PROVIDED UNDER § 14-2911 OF THE
COMMERCIAL LAW ARTICLE; AND
(V) A PROVISION THAT SUMMARIZES THE ARBITRATION
REQUIREMENTS AND THE EXCEPTIONS TO THOSE REQUIREMENTS UNDER § 14-2916
OF THE COMMERCIAL LAW ARTICLE.
(3) THE PERFORMANCE STANDARDS OR GUIDELINES DESCRIBED IN
PARAGRAPH (J)(2) OF THIS SUBSECTION SHALL BE:
(I) THE PERFORMANCE STANDARDS OR GUIDELINES ADOPTED AT
THE TIME OF THE CONTRACT BY THE NATIONAL ASSOCIATION OF HOME BUILDERS;
(II) ANY PERFORMANCE STANDARDS OR GUIDELINES ADOPTED BY
THE HOME BUILDER AND INCORPORATED INTO THE CONTRACT THAT ARE EQUAL TO
OR MORE STRINGENT THAN THE PERFORMANCE STANDARDS ADOPTED AT THE TIME
OF THE CONTRACT BY THE NATIONAL ASSOCIATION OF HOME BUILDERS; OR
(III) ANY PERFORMANCE STANDARDS OR GUIDELINES ADOPTED AT
THE TIME OF THE CONTRACT BY A COUNTY OR MUNICIPAL CORPORATION THAT ARE
EQUAL TO OR MORE STRINGENT THAN THE PERFORMANCE STANDARDS OR
GUIDELINES ADOPTED AT THE TIME OF THE CONTRACT BY THE NATIONAL
ASSOCIATION OF HOME BUILDERS.
(4) THE INFORMATION REQUIRED BY PARAGRAPH (2) OF THIS
SUBSECTION SHALL BE PRINTED IN CONSPICUOUS TYPE.
(5) SUBJECT TO THE MARYLAND PROGRAM EVALUATION ACT, THIS
SUBSECTION SHALL TERMINATE AND BE OF NO EFFECT AFTER OCTOBER 1, 2004.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall be
construed only prospectively and may not be applied or interpreted to have any effect
on or application to any act or omission of a home builder arising before the effective
date of this Act.
SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall supersede
any existing laws of any county or municipal corporation in the State of Maryland of
the City of Baltimore regarding registration of home builders with the exception of
Montgomery County and Washington County where the provisions of this Act do not
apply.
SECTION 4. AND BE IT FURTHER ENACTED, That the Consumer Protection
Division of the Office of the Attorney General shall convene a study panel during the
2004 Interim, to be staffed by the Office of Attorney General, which includes members
of the Senate of Maryland, appointed by the President of the Senate, members of the
House of Delegates, appointed by the Speaker of the House, representatives of the
Department of Labor, Licencing, and Regulation, appointed by the Governor, and
representatives of the home builder industry appointed by the Governor. The study
panel shall review the feasibility of a new home builder guaranty fund. The Office of
the Attorney General shall report to the Senate Finance Committee and the House
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- 4534 -
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