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Sen. Willie Preston
Filed: 2/23/2024
| | 10300SB2729sam001 | | LRB103 36029 AWJ 69971 a |
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| 1 | | AMENDMENT TO SENATE BILL 2729
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| 2 | | AMENDMENT NO. ______. Amend Senate Bill 2729 on page 1, |
| 3 | | line 15, after the period, by inserting ""Retainage" does not |
| 4 | | include moneys withheld due to violations of local, State, or |
| 5 | | federal laws."; and |
| 6 | | on page 2, immediately below line 5, by inserting the |
| 7 | | following: |
| 8 | | "Section 20. Prompt payment Acts. Retainage withheld by a |
| 9 | | governmental unit is not subject to the State Prompt Payment |
| 10 | | Act or the Local Government Prompt Payment Act.". |