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Bill > H1678


MA H1678

MA H1678
Relative to making a technical correction to public construction threshold


summary

Introduced
01/22/2019
In Committee
02/27/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

Relative to the public construction security bond threshold. Labor and Workforce Development.

AI Summary

This bill amends Section 29 of Chapter 149 of the General Laws in Massachusetts to increase the public construction security bond threshold from $25,000 to $50,000. This change raises the minimum value of public construction projects that require a security bond from contractors, which helps ensure the completion of the project and payment of workers. The bill will take effect immediately upon passage.

Committee Categories

Budget and Finance, Labor and Employment

Sponsors (2)

Last Action

Bill reported favorably by committee and referred to the committee on House Ways and Means (on 02/27/2020)

bill text


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