Bill
HB 1950
Requiring subcontractors on public works contracts to be indemnified for certain expenses incurred as a result of late payments from a contractor or a subcontractor.
2025-2026 Regular Session
Introduced by Debra Entenman and 4 co-sponsors
HB 1950 mandates that public works contractors indemnify subcontractors for financial losses caused by late payments, protecting small suppliers from payment delays cascading down the contract chain.
Public hearing in the House Committee on Capital Budget at 1:30 PM.