STATE OF OKLAHOMA

1st Session of the 53rd Legislature (2011)

SENATE BILL 276	By:	Anderson

AS INTRODUCED

An Act relating to construction registry; creating the Oklahoma Online Construction Registry Act; providing short title; stating purpose; stating legislative findings; providing for codification; and providing an effective date.

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1.     NEW LAW     A new section of law to be codified in the Oklahoma Statutes as Section 1000.20 of Title 59, unless there is created a duplication in numbering, reads as follows:
This act shall be known and may be cited as the “Oklahoma Online Construction Registry Act”.
SECTION 2.     NEW LAW     A new section of law to be codified in the Oklahoma Statutes as Section 1000.21 of Title 59, unless there is created a duplication in numbering, reads as follows:
The purpose of this act is to create and maintain an online registry for full disclosure to property owners, contractors and other interested parties, of people providing goods and services to a construction project.  The Legislature finds that by providing a centralized resource for project participant information, the Online Construction Registry Act will help property owners minimize unknown project liability and risk.  The Legislature further finds that the Oklahoma Online Construction Registry Act will also implement an efficient and standardized system for protecting lien rights associated with all types of construction projects - residential, public and commercial.
SECTION 3.  This act shall become effective November 1, 2011.

53-1-982	TEK	1/14/2011 9:43:57 AM