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DIGEST OF INTRODUCED BILL
Subcontractor liens. Provides that a subcontractor, to acquire a lien, must provide notice of lien rights to a homeowner or the builder of a new home not later than two business days after the labor is performed. Provides that a contractor must pay all subcontractors within two business days after receiving payment from a homeowner or builder. Provides that a builder must disclose to a purchaser all subcontractors used in the construction of a new home. Requires a contractor to provide notice to all subcontractors when the contractor has been paid by the homeowner or builder.