Bond Requirements For Public Projects Using Private Financing
| Type | Bill |
|---|---|
| Session | 2019 Regular Session |
| Subjects |
Concerning bonding requirements for contractors that are a party to certain public-private initiatives.
Bill Summary:
Contract performance and payment bonds. Under current law, when a person, company, firm, corporation, or contractor (contractor) enters into a contract with a county, municipality, school district, or, in some instances, any other political subdivision of the state, to perform work in connection with a project that has specified characteristics, the contractor is required to execute performance bonds and payment bonds.
The act specifies that some of these bonding requirements apply to certain construction contracts situated or located on publicly owned property using public or private money or public or private financing.
(Note: This summary applies to this bill as enacted.)
Related Documents & Information
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment L.004 (Attachment B) | The motion passed without objection. | Vote summary |
| Refer Senate Bill 19-138, as amended, to the Committee of the Whole. | The motion passed on a vote of 11-0. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment L.001 (Attachment D) | The motion passed without objection. | Vote summary |
| Adopt amendment L.002 (Attachment E) | The motion passed without objection. | Vote summary |
| Adopt amendment L.003 (Attachment F) | The motion passed without objection. | Vote summary |
| Refer Senate Bill 19-138, as amended, to the Committee of the Whole. | The motion passed on a vote of 7-0. | Vote summary |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 04/01/2019 | House Amendments | REPASS |
32
AYE
3
NO
0
OTHER
|
Vote record |
| 04/01/2019 | House Amendments | CONCUR |
35
AYE
0
NO
0
OTHER
|
Vote record |
| 03/06/2019 | Third Reading | BILL |
32
AYE
2
NO
1
OTHER
|
Vote record |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 03/29/2019 | Third Reading | BILL |
54
AYE
11
NO
0
OTHER
|
Vote record |
| Date | Location | Action |
|---|---|---|
| 04/16/2019 | Governor | Governor Signed |
| 04/10/2019 | Governor | Sent to the Governor |
| 04/10/2019 | House | Signed by the Speaker of the House |
| 04/09/2019 | Senate | Signed by the President of the Senate |
| 04/01/2019 | Senate | Senate Considered House Amendments - Result was to Concur - Repass |
| 03/29/2019 | House | House Third Reading Passed - No Amendments |
| 03/28/2019 | House | House Second Reading Passed with Amendments - Committee |
| 03/27/2019 | House | House Second Reading Laid Over Daily - No Amendments |
| 03/21/2019 | House | House Committee on Finance Refer Amended to House Committee of the Whole |
| 03/08/2019 | House | Introduced In House - Assigned to Finance |
| 03/06/2019 | Senate | Senate Third Reading Passed - No Amendments |
| 03/05/2019 | Senate | Senate Second Reading Passed with Amendments - Committee |
| 02/28/2019 | Senate | Senate Committee on Finance Refer Amended to Senate Committee of the Whole |
| 02/12/2019 | Senate | Introduced In Senate - Assigned to Finance |
Prime Sponsor
Sponsor
Co-Sponsor
| Effective Date | Chapter # | Title | Documents |
|---|---|---|---|
| 08/02/2019 | 117 | Bond Reqmnts For Public Projects Using Private Fin |