This bill aims to address unfair practices related to residential real estate repair contracts and regulate the solicitation of residential contractors and tree trimmers. It amends Arkansas Code 4-88-902 to define "soliciting" as contacting an insured either in person or electronically, while clarifying that it does not include contacting through a published telephone number. Additionally, it introduces the definition of "tree trimmer" and outlines the responsibilities and limitations of residential contractors and tree trimmers in their interactions with insured individuals.

The bill also establishes penalties for violations, allowing fines of up to $10,000 for residential contractors or tree trimmers who breach the regulations. It prohibits specific practices, such as soliciting contracts from insured individuals, offering inducements for inspections or claims, and providing repair contracts without a good faith estimate of costs. Furthermore, it mandates that contracts include a notice regarding these prohibitions, allowing insured individuals to cancel contracts if the notice is not provided. Overall, the legislation seeks to protect consumers from unethical practices in the residential repair industry.

Statutes affected:
Old version HB1308 V2 - 3-13-2025 10:01 AM: 4-88-901(4), 4-88-902, 4-88-905, 17-25-502, 17-25-504, 17-25-505
Old version HB1308 V3 - 3-17-2025 11:54 AM: 4-88-901(4), 4-88-902, 4-88-905, 17-25-502, 17-25-504
Old version HB1308 Original - 1-29-2025 02:46 PM: 4-88-902, 4-88-905
HB 1308: 4-88-902, 4-88-905