00 Enrolled HB 253                                                                                                         
01 Relating to the time periods affecting certain liens related to providing labor, material,                              
02 service, or equipment to real property, including buildings and other improvements.                                     
03                           _______________                                                                               
04    * Section 1. AS 34.35.068(a) is amended to read:                                                                   
05            (a)  If a notice of completion is not recorded by the owner as provided in                                   
06       AS 34.35.071, a claim of lien shall be recorded not later than 120 [90] days after the                        
07       claimant                                                                                                          
08                 (1)  completes the construction contract; or                                                            
09                 (2)  ceases to furnish labor, material, services, or equipment for the                                  
10       construction, alteration, or repair of the owner's property.                                                      
11    * Sec. 2. AS 34.35.090 is amended to read:                                                                         
12            Sec. 34.35.090. Payment to contractor. A payment by the owner of a building                                
13       or structure to a prime contractor or subcontractor, made before 120 [90] days from                           
01       the completion of the building, is not valid to defeat or discharge a lien created by                             
02       AS 34.35.050 - 34.35.120 in favor of other claimants, unless the payment is                                       
03       distributed among the other claimants. If a payment is distributed in part only, then the                         
04       payment is valid only to the extent it is distributed.                                                            
05    * Sec. 3. The uncodified law of the State of Alaska is amended by adding a new section to                          
06 read:                                                                                                                   
07       APPLICABILITY. The amended time period provided by AS 34.35.068(a), as                                            
08 amended by sec. 1 of this Act, and AS 34.35.090, as amended by sec. 2 of this Act, applies to                           
09 a lien for labor, material, service, or equipment if the labor, material, service, or equipment is                      
10 furnished to a project, as that term is defined in AS 34.35.120, on or after the effective date of                      
11 this Act.