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Bill

Bill

LC 2353

Revise contract law.

2025 Regular Session

LC 2353 would revise contract law for private and public contracts; no text available. Draft died in process, so no changes were enacted.

(LC) Draft Died in Process
#contracts(seealso:publiccontracts)
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Bill Summary · LC 2353

Legislative Summary — LC 2353: Revise contract law

Overview

  • Bill Number: LC 2353
  • Title: Revise contract law
  • Subject: Contracts (including Public Contracts)
  • Classification: bill
  • Introduced: December 8, 2024
  • Current Status: (LC) Draft Died in Process

This bill is a proposed revision to contract law. At present, the full text detailing specific changes is not provided here, so the substantive provisions are not enumerated. The title indicates an intent to alter or modernize aspects of contract law, potentially affecting general contracts and public contracting.

Status and History

  • 2024-12-08: Draft On Hold; Drafter Assigned
    The bill entered the drafting stage and was placed on hold, with a drafter assigned to develop the text.
  • 2025-05-22: Draft Died in Process
    The draft appears to have ceased advancing in this legislative process, indicating it did not move toward formal consideration or passage.

What the bill would change (provisions not publicly provided)

  • No specific provisions are available in the provided information. The title suggests broad changes to contract law, which could hypothetically involve areas such as:
    • Formation and validity of contracts
    • Performance obligations and standards
    • Remedies for breach, damages, and liquidated damages
    • Rules of interpretation and construction of contract terms
    • Assignment, novation, and third-party rights
    • Modifications, waivers, and consideration
    • Standards for public contracts, bid specifications, procurement procedures
    • Electronic contracting, records, and signatures
  • Because the actual text is not provided, readers should not assume particular amendments or their scope.

Who or what would be affected

  • General contracts between private parties
  • Public contracts and procurement processes (as indicated by the subject)
  • Entities that regularly engage in government contracting, vendors, contractors, and potentially small businesses affected by contract terms and procurement rules
  • Legal professionals and agencies responsible for drafting, interpreting, and enforcing contract law

Procedural/timeline considerations

  • The bill progressed through initial drafting stages but did not advance to enactment in this cycle.
  • Status changes to “On Hold” and later “Died in Process” suggest no further action unless reintroduced with new text and numbering.

Next steps for interested readers

  • Monitor for any reintroduction of a similar measure or a renewed LC 2353 with full text.
  • Check official legislative records for the current status, amendments, or committee referrals if reintroduced.
  • If researching potential impacts for a specific contract practice, consider current contract law and public procurement statutes as the baseline until new text becomes available.

Compiled from official sources — confirm details with the bill’s official record.

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