MD SB453 | 2023 | Regular Session
Status
Spectrum: Slight Partisan Bill (Democrat 5-2)
Status: Introduced on February 2 2023 - 25% progression
Action: 2023-02-03 - Hearing 2/23 at 1:00 p.m.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 2 2023 - 25% progression
Action: 2023-02-03 - Hearing 2/23 at 1:00 p.m.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requiring a private construction contract to include a provision requiring the owner to pay the contractor within a certain period of time or, if the owner withholds all or part of an amount invoiced, to send a certain notification to the contractor; requiring a contract between a contractor and a subcontractor on a private or State construction contract to include a provision requiring the contractor to pay the subcontractor within a certain period of time; etc.
Title
State and Private Construction Contracts – Prompt Payment Requirements
Sponsors
| Sen. Benjamin Kramer [D] | Sen. Dawn Gile [D] | Sen. Michael Jackson [D] | Sen. Jim Rosapepe [D] |
| Sen. Johnny Salling [R] | Sen. Ron Watson [D] | Sen. Chris West [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2023-02-03 | Senate | Hearing 2/23 at 1:00 p.m. |
| 2023-02-02 | Senate | First Reading Finance |
Same As/Similar To
HB1097 (Crossfiled) 2023-03-06 - Withdrawn by Sponsor
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Business Regulation | 17 | 601 | (n/a) | See Bill Text |
| Business Regulation | 17 | 604 | (n/a) | See Bill Text |
| State Finance and Procurement | 13 | 228 | (n/a) | See Bill Text |
| State Finance and Procurement | 15 | 103 | (n/a) | See Bill Text |
| State Finance and Procurement | 15 | 104 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0453?ys=2023RS |
| Text | https://mgaleg.maryland.gov/2023RS/bills/sb/sb0453f.pdf |
