Bill Status of SR0541  103rd General Assembly

Short Description:  REVISE RETENTION POLICY

Senate Sponsors
Sen. Ram Villivalam - Javier L. Cervantes - Willie Preston - David Koehler, Robert Peters and Emil Jones, III

Last Action
DateChamber Action
  10/24/2023SenateReferred to Assignments

Synopsis As Introduced
Urges all stakeholders and policymakers to collaborate and consider how to best upgrade public works law in 2024 from retention's across-the-board, capital-draining policy of taking money from all contractors on all projects to a more efficient, nuanced, and tailored approach that protects agencies without forcing cash-strapped contractors to go into debt by providing no interest loans to their government. clients

Actions 
DateChamber Action
  10/24/2023SenateFiled with Secretary
  10/24/2023SenateReferred to Assignments
  10/25/2023SenateAdded as Chief Co-Sponsor Sen. Javier L. Cervantes
  10/25/2023SenateAdded as Chief Co-Sponsor Sen. Willie Preston
  10/25/2023SenateAdded as Chief Co-Sponsor Sen. David Koehler
  10/25/2023SenateAdded as Co-Sponsor Sen. Robert Peters
  10/25/2023SenateAdded as Co-Sponsor Sen. Emil Jones, III