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Public Contracts - Incrementally increases present amount of public works contracts in excess of $100,000 for which contractor is required to post 25 percent bond by increasing amount annually based on consumer price index as published by U.S. Bureau of Labor Statistics. - Amends TCA Title 12. Fiscal Summary for HB1202 / *SB1244State Expenditures - Net Impact - Not Significant Other Fiscal Impact - The states liability is expected to increase as the limit with which contractors are required to secure surety bonds is increased in the future.
Latest Actions
- 03/14/2007 - Taken Off Notice For Calendar in Subcommittee State Government of S&LG of State & Local Government Committee
- 03/07/2007 - Placed on Subcommittee Calendar State Government of S&LG for 3/14/2007
- 02/21/2007 - Assigned to Subcommittee State Government of S&LG
- 02/14/2007 - Passed second consideration, Referred to State & Local
- 02/12/2007 - Introduced, Passed first consideration
show all actions- 03/14/2007 - Taken Off Notice For Calendar in Subcommittee State Government of S&LG of State & Local Government Committee
- 03/07/2007 - Placed on Subcommittee Calendar State Government of S&LG for 3/14/2007
- 02/21/2007 - Assigned to Subcommittee State Government of S&LG
- 02/14/2007 - Passed second consideration, Referred to State & Local
- 02/12/2007 - Introduced, Passed first consideration
- 02/08/2007 - Filed for Introduction
show latest actions
Fiscal Notes
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