SCS SB 302 -- STATUTORY LIENS AGAINST REAL ESTATE

SPONSOR:  Loudon (Pratt)

COMMITTEE ACTION:  Voted "do pass by consent" by the Special
Committee on Urban Issues by a vote of 5 to 0.

This substitute revises the definition of "commercial real
estate" by removing real estate on which no buildings or
structures are located and explicitly specifies that commercial
real estate will include an unimproved real estate of any zoning
classification, other than agricultural or horticultural real
estate, being purchased for development or subdivision.

The six-month statute of limitations for filing a lien will apply
to the labor portion regarding the use of rental equipment while
the 60-day time frame will apply to the rental equipment value.
The five-day written notice requirement for a lien on the use of
rental equipment will not apply to the labor provided by the
person using the equipment.

FISCAL NOTE:  No impact on state funds in FY 2008, FY 2009, and
FY 2010.

PROPONENTS:  Supporters say the bill clarifies what property is
subject to lien for work done on the property and the rental
machinery involved.

Testifying for the bill were Senator Loudon; Construction
Employers Coalition; Missouri Association of Realtors; and
American Subcontractors Association of Missouri.

OPPONENTS:  There was no opposition voiced to the committee.

OTHERS:  Others testifying on the bill say that the language
should be more consistent.

Testifying on the bill was Missouri Land Title Association.

Missouri House of Representatives
94th General Assembly, 1st Regular Session
Last Updated July 25, 2007 at 11:21 am