HB 21-1167

  • Colorado House Bill
  • 2021 Regular Session
  • Introduced in House Mar 29, 2021
  • Passed House Mar 26, 2021
  • Passed Senate Apr 30, 2021
  • Signed by Governor May 17, 2021

Private Construction Contract Payments

Abstract

The bill prohibits a property owner from withholding from a contractor more than 5% of the price of completed work to ensure the work is satisfactorily completed. The contractor and subcontractors are also prohibited from withholding more than 5% from subcontractors and suppliers. The bill also clarifies that these prohibitions do not apply to other types of contractual conditions made before payment is due. The contract may require lien waivers to be executed before payment is made. The bill applies to: A contract that has a price of at least $150,000; and A subcontract or supply agreement to such a contract. The bill does not apply to a single contract that governs: The building of: A single-family dwelling; A multifamily dwelling with 4 or fewer family dwelling units; or A contract with a public entity.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Bill Sponsors (4)

Votes


Mar 26, 2021

Apr 30, 2021

Actions


May 17, 2021

Office of the Governor

Governor Signed

May 11, 2021

Office of the Governor

Sent to the Governor

House

Signed by the Speaker of the House

Senate

Signed by the President of the Senate

Apr 30, 2021

Senate

Senate Third Reading Passed - No Amendments

Apr 29, 2021

Senate

Senate Second Reading Passed - No Amendments

Apr 26, 2021

Senate

Senate Committee on Business, Labor, & Technology Refer Unamended to Senate Committee of the Whole

  • Committee-Passage
  • Referral-Committee
Senate Committee of the Whole Business, Labor, & Technology

Mar 29, 2021

Senate

Introduced In Senate - Assigned to Business, Labor, & Technology

  • Introduction
Business, Labor, & Technology

Mar 26, 2021

House

House Third Reading Passed - No Amendments

Mar 25, 2021

House

House Second Reading Passed - No Amendments

Mar 23, 2021

House

House Second Reading Laid Over Daily - No Amendments

Mar 18, 2021

House

House Committee on Business Affairs & Labor Refer Unamended to House Committee of the Whole

  • Committee-Passage
  • Referral-Committee
Business Affairs & Labor House Committee of the Whole

Mar 04, 2021

House

Introduced In House - Assigned to Business Affairs & Labor

  • Introduction
Business Affairs & Labor

Bill Text

Bill Text Versions Format
Signed Act (05/17/2021) PDF
Final Act (05/11/2021) PDF
Rerevised (04/30/2021) PDF
Revised (04/29/2021) PDF
Reengrossed (03/26/2021) PDF
Engrossed (03/25/2021) PDF
Introduced (03/04/2021) PDF
Committee Amendment PDF

Related Documents

Document Format
Fiscal Note FN1 (03/17/2021) PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.