File Code: Real Property
Prior Year Introduction As: HB 188/05 - ECM
- Sponsored By:
-
Senators Stone and Haines
- Entitled:
-
Real Property - Construction Contracts - Retention Proceeds
Providing that retention proceeds may not exceed a specified
percentage of specified contracts or payments under specified
circumstances; providing that retention proceeds may exceed a
specified percentage of payments if contractors reasonably determine
that the performance of subcontractors provides reasonable grounds for
withholding specified amounts; etc.
Senate Action
- 1/26
- First Reading Judicial Proceedings
- 2/15
- Hearing 3/8 at 1:00 p.m.
- 3/9
- Hearing 3/17 at 1:00 p.m.
- 3/27
- Unfavorable Report by Judicial Proceedings
House Action
- No Action
Sponsored by:
- Senator Norman R. Stone, Jr., District 6
- Senator Larry E. Haines, District 5
Bill indexed under the following Subjects:
- CONSTRUCTION
- CONTRACTORS -see also- HEATING & COOLING; HOME IMPROVEMENT
- CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
Bill affects the following Statutes:
- Real Property
- (
9-304 ,
9-304
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note (Displayed in PDF Format):
Available
- Amendments:
None offered