Monica Duran
- Democratic
- Representative
- District 23
Primary
The act prohibits a property owner from withholding from a contractor more than 5% of the price of completed work to ensure the work is satisfactorily completed. The contractor and subcontractors are also prohibited from withholding more than 5% from subcontractors and suppliers. The act also clarifies that these prohibitions do not apply to other types of contractual conditions made before payment is due.The contract may require lien waivers to be executed before payment is made.The act applies to:A contract between a property owner and a contractor that has a price of at least $150,000; and A subcontract or supply agreement to such a contract. The act does not apply to a single contract that governs:The building of: A single-family dwelling; A multifamily dwelling with 4 or fewer family dwelling units; or A contract with a public entity.(Note: This summary applies to this bill as enacted.)
Governor Signed
Sent to the Governor
Signed by the Speaker of the House
Signed by the President of the Senate
Senate Third Reading Passed - No Amendments
Senate Second Reading Passed - No Amendments
Senate Committee on Business, Labor, & Technology Refer Unamended to Senate Committee of the Whole
Introduced In Senate - Assigned to Business, Labor, & Technology
House Third Reading Passed - No Amendments
House Second Reading Passed - No Amendments
House Second Reading Laid Over Daily - No Amendments
House Committee on Business Affairs & Labor Refer Unamended to House Committee of the Whole
Introduced In House - Assigned to Business Affairs & Labor
| Bill Text Versions | Format |
|---|---|
| Signed Act (05/17/2021) | |
| Final Act (05/11/2021) | |
| Rerevised (04/30/2021) | |
| Revised (04/29/2021) | |
| Reengrossed (03/26/2021) | |
| Engrossed (03/25/2021) | |
| Introduced (03/04/2021) | |
| Committee Amendment |
| Document | Format |
|---|---|
| Fiscal Note FN1 (03/17/2021) | |
| Fiscal Note FN2 (08/05/2021) |
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