Another "Gift" from our Friends in Sacramento- Contractor’s License Bond Increase to $15,0
On October 8, 2015, Governor Brown signed Senate Bill 467, authored by the Southern California Contractors Association’s Legislator of the Year, Senator Hill. Senate Bill 467, requires, inter alia, as a condition precedent to the issuance, reinstatement, reactivation, renewal, or continued maintenance of a license, the applicant and/or licensee to file or have on file a contractor’s bond in the sum of $15,000. The full text of SB 467 can be found here. Contractors should cont
