Relating to retainage in construction contracts; prescribing an effective date.
Summary
Permits contracting agency, owner, contractor or subcontractor to mutually agree to deposit retainage withheld into account other than interest-bearing account in bank, savings bank, trust company or savings association. Takes effect on 91st day after adjournment sine die.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2023
Last action Jun 25, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
1
Committee
2
Jun 25, 2023
Upper · Passed
In committee upon adjournment.
upper
Jan 14, 2023
Committee
Referred to Finance and Revenue.
upper
Jan 9, 2023
Introduced
Introduction and first reading. Referred to President's desk.
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Fred Girod
RRepublican
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