92nd General Assembly
Summary of HB2477
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House Sponsors:
O'CONNOR.

Short description: 
BLDG & CONSTRUCTN CONTRACT-NEW                                             

Synopsis of Bill as introduced:
        Creates the Building and  Construction  Contract  Act.   Provides      
   that  a  building  and  construction  contract  must require the prime      
   contractor  and  all  subcontractors  to  pay  each  subcontractor  or      
   material supplier within 10 business days after the  prime  contractor      
   or  subcontractor  receives  payment  from  the  owner  for undisputed      
   amounts for service provided by a subcontractor or materials  provided      
   by a supplier.  Effective immediately.                                      
 
Last action on Bill: TABLED BY SPONSOR

   Last action date: MAR-28-2001

           Location: House

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


   END OF INQUIRY 



 Full Text  Bill Status