Legislation - HB1365

Title: State and Private Construction Contracts and State Procurement Contracts - Prompt Payment and Interest Requirements
Sponsored by: Delegates Valderrama and Boafo
Status: In the House - Hearing canceled (Economic Matters)
Analysis

Synopsis

Requiring a private construction contract to include a provision requiring the owner to pay the contractor within 45 days after the receipt of a proper invoice following completion of the work or, if the owner withholds all or part of an amount invoiced, to send a certain notification to the contractor; requiring a contract between a contractor and a subcontractor on a private or State construction contract to include a provision requiring the contractor to pay the subcontractor within 7 days after receipt of payment; etc.

Committees

Original:: Economic Matters; Health and Government Operations

Details

Cross-filed with: SB0715

Introduced in a prior session as: HB1097 Session: 2023 Regular Session

Bill File Type: Regular

Effective Date(s): October 1, 2024

History

Legislation History
Chamber House Calendar Date 2/09/2024 Legislative Date 2/09/2024 Action First Reading Economic Matters and Health and Government Operations Proceedings
Chamber House Calendar Date 2/09/2024 Legislative Date 2/09/2024 Action Hearing 3/06 at 1:00 p.m. (Economic Matters) Proceedings
Chamber Calendar Date Legislative Date Action Text - First - State and Private Construction Contracts and State Procurement Contracts - Prompt Payment and Interest Requirements Proceedings
Chamber House Calendar Date 2/27/2024 Legislative Date 2/27/2024 Action Hearing canceled (Economic Matters) Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/09/2024	2/09/2024	First Reading Economic Matters and Health and Government Operations
House	2/09/2024	2/09/2024	Hearing 3/06 at 1:00 p.m. (Economic Matters)
			Text - First - State and Private Construction Contracts and State Procurement Contracts - Prompt Payment and Interest Requirements
House	2/27/2024	2/27/2024	Hearing canceled (Economic Matters)

File Code

Subjects

Statutes