Indiana House Bill 1021 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Republican 5-1)
Status: Engrossed on January 23 2018 - 50% progression, died in committee
Action: 2018-02-01 - First reading: referred to Committee on Civil Law
Pending: Senate Civil Law Committee
Text: Latest bill text (Amended) [PDF]

Mechanic's liens. Permits a person to discharge a mechanic's lien by filing an indemnification or payment bond with the recorder's office in an amount equal to at least 150% of the lien. Requires the surety responsible for issuing an indemnification or payment bond to: (1) be authorized to do business in Indiana; and (2) be rated at least "A-" by at least one (1) nationally recognized investment rating service. Specifies certain requirements concerning the recording of an indemnification or payment bond. Repeals the current statute concerning the filing of an undertaking to discharge a lien.

Mechanic's liens. Permits a person to discharge a mechanic's lien by filing an indemnification or payment bond with the recorder's office in an amount equal to at least 150% of the lien. Requires the surety responsible for issuing an indemnification or payment bond to: (1) be authorized to do business in Indiana; and (2) be rated at least "A-" by at least one (1) nationally recognized investment rating service. Specifies certain requirements concerning the recording of an indemnification or payment bond. Repeals the current statute concerning the filing of an undertaking to discharge a lien.

Rep. Gerald Torr [R]	Rep. Gregory Steuerwald [R]	Rep. Edward DeLaney [D]	Rep. Christopher Judy [R]
Sen. Rodric Bray [R]	Sen. John Ruckelshaus [R]

2018-01-22 - House - House - Third reading (Y: 94 N: 0 NV: 1 Abs: 5) [PASS]
2018-01-16 - House - House - Committee Vote (Y: 12 N: 1 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2018-02-01	Senate	First reading: referred to Committee on Civil Law
2018-01-23	House	Referred to the Senate
2018-01-22	House	Representative Judy added as coauthor
2018-01-22	House	Senate sponsors: Senators Bray and Ruckelshaus
2018-01-22	House	Third reading: passed; Roll Call 23: yeas 94, nays 0
2018-01-18	House	Representatives Steuerwald and DeLaney added as coauthors
2018-01-18	House	Second reading: ordered engrossed
2018-01-16	House	Committee report: amend do pass, adopted
2018-01-03	House	First reading: referred to Committee on Judiciary
2018-01-03	House	Authored by Representative Torr

Type	Source
Summary	https://iga.in.gov/legislative/2018/bills/house/1021/details
Text	http://iga.in.gov/static-documents/4/8/e/f/48ef6b0a/HB1021.01.INTR.pdf
Text	http://iga.in.gov/static-documents/7/b/0/2/7b02c854/HB1021.01.INTR.pdf
Text	http://iga.in.gov/static-documents/c/d/d/5/cdd59009/HB1021.02.COMH.pdf
Roll Call	http://iga.in.gov/static-documents/7/9/3/d/793d5342/HB1021.01.INTR.00.pdf
Roll Call	http://iga.in.gov/static-documents/a/8/a/a/a8aa71d8/HB1021.23.pdf