SB916 amends civil actions to require plaintiffs to post bonds in housing development disputes.
SB916 amends Section 529.2 of the Code of Civil Procedure to require plaintiffs in civil actions challenging housing projects to post bonds. This applies to projects meeting low- or moderate-income housing requirements or student housing projects. The bond serves as security for costs and damages incurred by the defendant due to delays. The bond amount adjusts annually for inflation. If the bond causes undue economic hardship, the court may decline to impose it. The defendant can seek this bond if the action is without merit or brought in bad faith.
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