Plain English Breakdown
The exact dollar amount increase is mentioned as a goal but not defined in the provided summary or title excerpts.
HB137: Raising the Dollar Limit for Public Works Contract Retention Exemptions
This law increases the dollar amount at which certain public works contracts are exempt from rules requiring a portion of payments to be held back.
What This Bill Does
- Increases the dollar value limit for public works contracts that do not require retention of contractual payments.
- Amends laws regarding contracts and purchases by public schools.
- Updates regulations concerning state, county, and municipal road systems.
- Changes rules related to bidding on public works projects.
- Modifies procedures for general authority, duties, and procedure in state purchasing.
Who It Names or Affects
- Entities involved in public works contracts
- Public schools entering into contracts or making purchases
- State, county, and municipal agencies managing road systems
- Agencies responsible for state purchasing
Limits and Unknowns
- The official text does not specify the exact new dollar amount limit.
- The specific details of how school property, facilities, and other laws are changed are not listed in this summary.