PUBLIC CONSTRUCTION BONDS

What it does

The legislature's own summary of the bill, or its official long title.

Amends the Public Construction Bond Act. Provides that public construction bonds are required only for those public work construction contracts that are valued over $5,000,000. Authorizes any official, board, commission, agent of the State, or any political subdivision of the State to create a self-insured risk pool for contracts of $5,000,000 or less. Defines "self insured risk pool".

Every action

15 steps, oldest first, as the legislature records them.

1. Feb 22, 2023SenateAdded as Co-Sponsor Sen. Napoleon Harris, III
2. Feb 23, 2023SenateAdded as Co-Sponsor Sen. Kimberly A. Lightford
3. Mar 9, 2023CommitteePostponed - Executive · Senate Executive
4. Mar 10, 2023SenateRule 2-10 Committee Deadline Established As March 24, 2023
5. Mar 23, 2023SenateRule 2-10 Committee Deadline Established As March 31, 2023
6. Mar 31, 2023CommitteeRule 3-9(a) / Re-referred to Assignments · Senate Assignments
7. Apr 17, 2023SenateAdded as Co-Sponsor Sen. Cristina Castro
8. Jan 7, 2025SenateSession Sine Die

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it, joined by 6 cosponsors: 6 Democrats.

• Ram VillivalamD Primary sponsor · District 8