PUB CONST BOND-DEFAULT
Summary
Amends the Public Construction Bond Act. With respect to bonds securing contracts between the Capital Development Board or a public institution of higher education and a contractor, requires that within 15 days after notice to the surety that the principal is in default, the surety must (i) complete the work using a contractor selected jointly with the obligee or (ii) provide the obligee the amount needed to complete the work, in excess of the unpaid contract balance and up to the penal sum of the bond. Effective immediately.
Bill status
failed
3 of 5 stages cleared
Introduction
Apr 2005
Committee Review
May 2005
Senate Passage
Apr 2005
House Passage
Governor
Introduced Apr 14, 2005
Last action Jan 9, 2007
Floor votes · Senate Apr 14, 2005
How they voted
53–1
Passed · 1 other
Total votes 55
Apr 14, 2005
D
Democratic29
100% Yea
R
Republican26
92% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
19
Key actions
2
Committee
6
May 13, 2005
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Apr 20, 2005
Committee
Assigned to Executive Committee
lower
Apr 15, 2005
Committee
Referred to Rules Committee
lower
Apr 14, 2005
Introduced
Arrived in House
lower
Apr 14, 2005
Senate · Passed
Senate Vote: pass (53-1-1)
senate
Mar 17, 2005
Upper · Passed
Do Pass State Government; 007-000-000
upper
Mar 2, 2005
Committee
Assigned to State Government
upper
Feb 25, 2005
Committee
Referred to Rules
upper
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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