This bill amends Section 45-522 of the Idaho Code, which pertains to the release of liens on real property by posting a surety bond. The amendment removes a provision that granted priority of hearings for lien proceedings, which was previously second only to criminal hearings. Additionally, the bill updates the components that a lien claimant may recover under the bond, replacing the previous enumerated components with a new numbering system that clarifies the amounts recoverable, including the amount due to the lien claimant, costs of preparing and filing the lien claim, costs of the proceedings, attorney's fees, and interest at a specified rate.
The bill declares an emergency, stating that it will take effect on July 1, 2025. This change aims to streamline the process for lien claimants while eliminating the preferential hearing setting that was previously mandated, potentially allowing for a more efficient judicial process.
Statutes affected: Bill Text: 45-522