91st General Assembly
Summary of HB2724
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House Sponsors:
TENHOUSE-POE-PARKE-O'CONNOR.

Senate Sponsors:
DONAHUE

Short description: 
PUB CONSTRCT-PROOF PYMNT-LIEN                                              

Synopsis of Bill as introduced:
        Amends  the  Public  Construction  Bond  Act.   Provides  that  a      
   contractor with a contract for public work of any  kind  costing  over      
   $5,000  (now with a contract for public work of any kind) must provide      
   a bond to the State.  Provides that if the contract is  for  emergency      
   repairs,  the  contractor  may furnish proof of payment for all labor,      
   materials, apparatus, fixtures, and machinery in lieu of the  required      
   bond.   Provides  that  if  the  contractor does not furnish a bond or      
   proof of payment, payment to the contractor may be withheld for up  to      
   120 days after the project is completed to allow any subcontractors to      
   enforce   the   provisions  of  the  Mechanics  Lien  Act.   Effective      
   immediately.                                                                
        SENATE AMENDMENT NO. 1.                                                
        Further amends the  Public  Construction  Bond  Act.   Deletes  a      
   provision that allows payment to a contractor to be withheld for up to      
   120  days  after  a  project  is  completed if the contractor does not      
   furnish the required bond or proof of payment.                              
 
Last action on Bill: PUBLIC ACT.............................. 91-0456

   Last action date: 99-08-06

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   1


   END OF INQUIRY 



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