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General Liability Insurance Now Required for Licensed Builders and Remodelers
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Builders and remodelers that are licensed by the Mississippi State Board of Contractors will now be required to show proof of general liability insurance to obtain a license. Last legislative session, HBAM was successful in lobbying the legislature and Governor to approve legislation allowing the Board to take this action.
The Board took the action to require the general liability insurance last fall, and exhausted the public notice rules as required on a new policy being implemented. There is no minimum limit on the policy, but the insured will be required to have the State Board of Contractors noticed on the policy in case of cancellation of the insurance policy.
The effective date of the rule was January 25, 2013. All residential builders and remodelers will be required to show proof of general liability insurance after January 25, 2013.
Click here to read a full text of the proposed rule........
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HBAM Board of Directors Meeting and Committee Scheduled for February 13-14
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The Home Builders Association of Mississippi regularly scheduled Executive and Board of Directors will meet on February 13-14. All of the meetings scheduled for Thursday will be held at the Regency Hotel in Downtown Jackson.
In addition to the Board of Directors meeting, members will begin the day at the Mississippi Capitol visiting with legislators. Members should plan on arriving at 9:00 am and hear from legislators during their visit.
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HBAM Encouraging Members to Join Us at the State Capitol
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 In conjunction with our Winter Board of Directors meeting on Thursday, February 14, HBAM will be encouraging our membership to join us at the State Capitol. There are always important legislative issues, and we want our members to have the opportunity to communicate with their elected officials first hand. By taking our message directly to the Capitol, we will have a better chance of getting our message to the lawmakers. We will be gathering under the State Capitol rotunda at 9:00 a.m. on February 14th. Parking is available on the corner of President and High Streets. |
Dues Increase Passed by NAHB Board of Directors
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Dues Increase begins January 1, 2014
The NAHB Board of Directors voted to increase the national dues beginning January 1, 2014. The $16 increase will be applied for the next three years. The $16 increase in 2017 will be implemented only if NAHB does not reach target levels of 156,000 members and 525,000 square feet of exhibit space sales in 2016.
According to NAHB, the dues increase is needed due to the loss in membership and decreasing non-dues revenue derived from the International Builders Show. Being a federation, a portion of dues collected paid to the local Association goes to NAHB. The current dues to NAHB are $150.
To see more information on the Dues Increase click here.......
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Make Plans to Attend HBAM State Convention
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 The HBAM State Convention will be held June 6-9, 2013 in Sandestin, Florida. The Hilton Sandestin Beach Golf Resort & Spa has everything needed for an unforgettable meeting.
This meeting is the largest gathering of the building community each year. Registration forms will be available soon. Make plans to join us at one of the premier properties in the southeast.
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February:
13 Executive Com Mtg.
14 Capitol, Committees & Board Meeting
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We're happy to introduce the HBAM Member Rebate Program, aimed at increasing your bottom line. For the minimal effort of informing us about the home construction products you use and when you close on a home or project, you'll be putting money back in your pocket.
Both Builder and Remodeler companies, no matter how large or small, qualify for the program. When you participate in the program, you can count on receiving checks every quarter!
Please note: Program is only available to current HBAM Members.
Participation is easy and free!
You can register & complete the Rebate Claim Form attached or at www.HBArebates.com
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The Home Builders Association of Mississippi is proud to promote a builders risk program that is saving members thousands of dollars. The HBAM Builders Risk Program is an exclusive benefit for members of the Association. Builders that are taking advantage of this program are saving thousands of dollars. If you would like to join other builders in the state of Mississippi having a lowest-cost builders risk, contact the HBAM office at 601-969-3446 or email mmilstead@hbam.com
for more information.
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