An Act to require equitable payment from the Commonwealth
Massachusetts bill requiring state government to pay vendors and contractors on time and equitably, protecting small businesses from delayed government reimbursements.
Massachusetts bill requiring state government to pay vendors and contractors on time and equitably, protecting small businesses from delayed government reimbursements.
HD 99 requires the Commonwealth of Massachusetts to make timely and equitable payments to vendors, contractors, and service providers who work with state agencies. The bill establishes payment standards and potentially penalties for late or inequitable payment practices by state government entities.
Delayed state payments can create significant cash flow problems for small businesses and nonprofits that depend on government contracts, potentially forcing them to take on debt or cut services. Establishing payment standards protects vulnerable vendors from absorbing the Commonwealth's financial management inefficiencies.
Compiled from official sources — confirm details with the bill’s official record.
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