This bill proposes to amend several sections of the Arizona Revised Statutes related to contractors by increasing the monetary thresholds for certain exemptions. Specifically, it raises the limit for the total value of sales contracts or transactions involving finished products, materials, or articles of merchandise from $1,000 to $3,500. This change applies to various provisions, including those concerning materialmen, manufacturers, and retailers, as well as the sale or installation of items that do not become a permanent part of a structure.
Additionally, the bill modifies the language regarding the work performed by unlicensed individuals, specifying that the aggregate contract price must not exceed $3,500 instead of the previous $1,000. It also clarifies that the registrar may issue a warning for unlicensed activity if an entity bids on a project exceeding the new threshold of $3,500. Overall, these updates aim to modernize the statutes by reflecting current economic conditions and providing clearer guidelines for contractors and consumers.
Statutes affected: Introduced Version: 32-1121, 32-1123, 32-1158, 33-1002, 32-101, 44-1522, 36-1624.01