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HI HB1969

Bill

Official Source

Status

Engrossed

3/1/2012

Primary Sponsor

Mark Takai

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Shortens the time period for contractors to provide progress and final payments to subcontractors on government and non-government construction projects
  • Establishes interest penalties for contractors who fail to make timely payments to subcontractors within the specified period
  • Supported by the Ironworkers Stabilization Fund and Hawaii Building and Construction Trades Council, AFL-CIO
  • Opposed by the Contractors License Board, City and County of Honolulu Department of Design and Construction, Building Industry Association of Hawaii, and General Contractors Association
  • Recommended for passage by the House Committees on Consumer Protection & Commerce and Judiciary

Legislative Description

Construction Contracts; Subcontractors and Materialmen; Payments

Last Action

(S) The committee on CPN deferred the measure.

3/13/2012

Committee Referrals

Consumer Protection & Commerce2/8/2012
Economic Revitalization & Business1/19/2012

Full Bill Text

No bill text available