MS HB500 | 2013 | Regular Session
Status
Completed Legislative Action
Sponsorship: Bipartisan Bill
Status: Failed on February 5 2013 - 100% progression
Action: 2013-02-05 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Sponsorship: Bipartisan Bill
Status: Failed on February 5 2013 - 100% progression
Action: 2013-02-05 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Amend Section 31-5-51, Mississippi Code Of 1972, To Increase To $50,000.00 The Amount Of A Contract Between A Public Body And A Contractor For Which A Performance Bond Or Payment Bond Will Not Be Required; To Provide That For Those Contracts, The Owners May Elect To Make Two Payments Valued At Fifty Percent Of The Contract Amount, And The Final Payment Will Not Be Made Until Completion And Acceptance By The Public Body; And For Related Purposes.
Title
Public contractors; increase amount of contract for which performance bond is not required.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2013-02-05 | House | Died In Committee |
| 2013-01-21 | House | Referred To Public Property |
Mississippi State Sources
| Type | Source |
|---|---|
| Summary | https://billstatus.ls.state.ms.us/2013/pdf/history/HB/HB0500.xml |
| Text | https://billstatus.ls.state.ms.us/documents/2013/html/HB/0500-0599/HB0500IN.htm |
