Bill > HB1950

This bill addresses payment issues for minority and women's business enterprise subcontractors on public works projects by requiring contractors or subcontractors who violate payment timelines to indemnify (financially compensate) certified minority and women's business enterprise subcontractors for any fees or penalties incurred when they cannot make timely contributions to Taft-Hartley trusts due to late payments. Taft-Hartley trusts are multi-employer benefit plans typically used in industries like construction to provide health, pension, and other welfare benefits to workers. The bill specifically protects subcontractors certified by Washington's Office of Minority and Women's Business Enterprises, ensuring they are not financially penalized for payment delays caused by other contractors. The provisions will apply to contracts entered or renewed on or after the bill's effective date, providing a new layer of financial protection for minority and women-owned business subcontractors in public works projects.

Budget and Finance

https://app.leg.wa.gov/billsummary?BillNumber=1950&Year=2025&Initiative=false