Today, HB 3385 passed out of the Oregon House unanimously, and is headed to the Senate.
The bill prohibits publicly traded corporations from collecting over 50% of the overall cost of residential repair or remodel projects before substantial completion.
“HB 3385 is a bipartisan consumer protection bill that I have been working on for over 10 years” said State Rep. Greg Smith (R-Heppner) the bill’s chief sponsor. “When corporations are able to collect 100% payment upfront, they are able to control the project’s schedule. HB 3385 gives power back to the consumer by prohibiting corporations from collecting over 50% of project costs up-front.”
