2000 Regular Session

SENATE BILL 740

File Code: State Government - Procurement Crossfiled with: HOUSE BILL 928
Sponsored By:
Senator Haines
Entitled:
Procurement - Action by Supplier on Payment Security

Synopsis:

Prohibiting an executory contract between a person and a supplier that is related to a construction contract from waiving or requiring a supplier to waive the right to sue on payment security provided by a contractor; prohibiting an executory contract between a person and a supplier that conditions payment to the supplier on receipt of payment by the person from a third person, from containing a provision abrogating or waiving the right of a supplier to sue on payment security; etc.

History by Legislative Date

Senate Action
2/4
First Reading Economic and Environmental Affairs
2/16
Hearing 3/9 at 1:00 p.m.
3/30
Favorable Report by Economic and Environmental Affairs
3/31
Favorable Report Adopted
Second Reading Passed
4/1
Third Reading Passed (44-0)
4/5
Returned Passed
5/19
Governor vetoed - Cross-filed bill was signed
House Action
3/30
First Reading Commerce and Government Matters
4/3
Hearing 4/4 at 1:00 p.m.
4/6
Favorable Report by Commerce and Government Matters
4/1
Favorable Report Adopted
Second Reading Passed
4/3
Third Reading Passed (136-0)
Bill indexed under the following Subjects:
CIVIL ACTIONS -see also- SMALL CLAIMS
CONSTRUCTION
CONTRACTORS -see also- HEATING & COOLING; HOME IMPROVEMENT
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
PROCUREMENT
SECURITY INTERESTS -see also- LIENS; MECHANICS' LIENS
Bill affects the following Statutes:
State Finance and Procurement
( 17-101 , 17-108 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
Roll Call Votes (Legislative dates are shown):
Senate
April 1, 2000: Third Reading Passed (44-0)
House
April 3, 2000: Third Reading Passed (136-0)