HB 1491: Retainage/Contracting
GENERAL BILL by Bennett
Retainage/Contracting; revises provisions re payment of contractors, subcontractors, sub-subcontractors, materialmen, & suppliers on construction contracts for public projects; provides for retainage of percentage of payment under specified circumstances; requires amounts retained to be held in interest-bearing escrow accounts; provides exception. Amends 255.071.
Effective Date: 07/01/2002
Last Action: 3/22/2002 House - Died in Committee on State Administration (SGC)
Bill Text: Web Page | PDF
Last Action: 3/22/2002 House - Died in Committee on State Administration (SGC)
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 2/1/2002 House • Filed
2/5/2002 House • Introduced -HJ 00175
2/7/2002 House • Referred to State Administration (SGC); Business Regulation (SGC); Council for Smarter Government -HJ 00219
3/22/2002 House • Died in Committee on State Administration (SGC)
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HB 1491, Original Filed Version (Current Bill Version) Posted 2/2/2002 at 1:05 AM
Bill Text: Web Page | PDF Analyses: None Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 255.071 Payment of subcontractors, sub-subcontractors, materialmen, and suppliers on construction contracts for public projects.