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AB-2513 Construction defects: insurance.(2021-2022)



Current Version: 02/17/22 - Introduced

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AB2513:v99#DOCUMENT


CALIFORNIA LEGISLATURE— 2021–2022 REGULAR SESSION

Assembly Bill
No. 2513

Introduced by Assembly Member Grayson

February 17, 2022

An act relating to construction defects.


LEGISLATIVE COUNSEL'S DIGEST


AB 2513, as introduced, Grayson. Construction defects: insurance.
Existing law prescribes definitions and requirements for certain civil actions relating to construction defect litigation and limits claims against a builder, as specified, a general contractor, subcontractor, material supplier, individual product manufacturer, or design professional to violations of specified standards.
This bill would state the intent of the Legislature to enact legislation that would incentivize the construction of housing and promote homeownership by addressing the costs of insurance coverage related to construction defect liability.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

The people of the State of California do enact as follows:


SECTION 1.

 It is the intent of the Legislature to enact legislation that would incentivize the construction of housing and promote homeownership by addressing the costs of insurance coverage related to construction defect liability.