HB 2484

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
HB 2484 builds upon HB 2483 by imposing penalties for late retainage payments. If a contractor fails to release retainage payments within three months after a subcontractor completes their work, the contractor is liable for the original obligation plus a penalty equal to three percent of the amount owed.
Author (1)
View Bill Text and Status