MD HB1365 | 2024 | Regular Session

Note: Carry Over of previous HB1097

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on February 9 2024 - 25% progression
Action: 2024-02-27 - Hearing canceled (Economic Matters)
Pending: House Economic Matters 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 45 days after the receipt of a proper invoice following completion of the work 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 7 days after receipt of payment; etc.

Tracking Information

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Title

State and Private Construction Contracts and State Procurement Contracts - Prompt Payment and Interest Requirements

Sponsors


History

DateChamberAction
2024-02-27HouseHearing canceled (Economic Matters)
2024-02-09HouseHearing 3/06 at 1:00 p.m. (Economic Matters)
2024-02-09HouseFirst Reading Economic Matters and Health and Government Operations

Same As/Similar To

SB715 (Crossfiled) 2024-03-04 - Withdrawn by Sponsor
HB1097 (Carry Over) 2023-03-06 - Withdrawn by Sponsor

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Business Regulation17601(n/a)See Bill Text
Business Regulation17604(n/a)See Bill Text
State Finance and Procurement13228(n/a)See Bill Text
State Finance and Procurement15103(n/a)See Bill Text
State Finance and Procurement15104(n/a)See Bill Text

Maryland State Sources


Bill Comments

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