SB 2702

RELATING TO PROCUREMENT

By Senator(s) TAM

Report Title: Pub Works Escrow Account

Description: Requires contractors to establish an escrow account for funds payable under a public works contract, and to pay interest on payments due and withheld from subcontractors and vendors under the contract.

 1-25-00        S Introduced and passed First Reading                      
 1-26-00        S Referred to 1. GOH 2. WAM                                
 2- 7-00        S Bill scheduled to be heard by GOH on 02-10-00 at
                  1:30 p.m. in conference room 224.
 2-10-00        S The measure is deferred until 02-15-00 at 3:00 p.m.         
                  in conference room 224.
 2-15-00        S The committee on GOH recommends that the measure be         
                  HELD.
 2-15-00        S The votes in GOH were as follows: 6 Ayes: Senator(s)        
                  Tam, Matsuura, Chun, Levin, Sakamoto, Anderson; Ayes        
                  with reservations: Senator(s) ; none Noes:
                  Senator(s) ; and 3 Excused: Senator(s) Hanabusa,
                  Matsunaga, Tanaka