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Bill > H1044


MA H1044

Relative to making a technical correction to public construction threshold


summary

Introduced
01/23/2017
In Committee
04/12/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

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

AI Summary

This bill proposes to amend Section 29 of Chapter 149 of the General Laws by increasing the public construction security bond threshold from $25,000 to $50,000. This means that for public construction projects costing less than $50,000, the requirement for a security bond would be lifted, potentially making it easier for smaller projects to be undertaken.

Committee Categories

Budget and Finance, Labor and Employment

Sponsors (2)

Last Action

No further action taken (on 01/01/2019)

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