CONTRACTOR PROMPT PAYMENT ACT
Summary
Creates the Contractor Prompt Payment Act. Sets out provisions concerning prompt payment of contractors and subcontractors for building and construction contracts. Requires payments for building and constructions contracts to be made within 10 business days of the application for payment. Provides for penalties if civil enforcement is necessary to collect any payments wrongfully withheld. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2003
Committee Review
Floor Vote
Governor
Introduced Feb 20, 2003
Last action Jan 11, 2005
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Jan 11, 2005
Senate · Failed
Session Sine Die
Feb 20, 2003
Senate · Referred to committee
Referred to Rules
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Dan Rutherford
RRepublican
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