2025 Regular Session • Maryland Legislature
SB835: State Finance and Procurement - Retention Proceeds
Legislative Summary
Requiring that undisputed retention proceeds retained by a unit or a certain contractor under a State procurement contract be paid within 90 days after the date of substantial completion.
Demographic Impact
Overall analysis of equity impact
90% Positive
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Bill History
2/3/2025
First Reading Budget and Taxation
Senate
2/5/2025
Hearing 2/19 at 2:30 p.m.
Senate
2/14/2025
Hearing canceled
Senate
2/14/2025
Hearing 2/26 at 2:00 p.m.
Senate
2/17/2025
Hearing canceled
Senate
2/17/2025
Hearing 2/26 at 3:00 p.m.
Senate
Status Information
Current Status
Introduced(2/3/2025)
Chamber
Senate
Committee
Budget and Taxation(Senate)
