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AN ACT
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relating to payments to contractors in connection with highway |
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projects of the Texas Department of Transportation. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 223.009, Transportation Code, is amended |
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to read as follows: |
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Sec. 223.009. PARTIAL PAYMENT. A contract may provide for |
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partial payments to the contractor. [The aggregate amount of
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payments at any time may not exceed 95 percent of the value of the
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work done.] |
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SECTION 2. Section 223.010(a), Transportation Code, is |
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amended to read as follows: |
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(a) The department may retain up to five [Five] percent of |
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the contract price. The department may continue to retain the |
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amount [shall be retained] until the entire improvement has been |
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completed and accepted or release the retained amount at any time |
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before the improvement is accepted [, except as provided by
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Subsections (h) and (i)]. |
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SECTION 3. Sections 223.010(h) and (i), and Section |
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223.011, Transportation Code, are repealed. |
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SECTION 4. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2007. |
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______________________________ |
______________________________ |
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President of the Senate |
Speaker of the House |
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I certify that H.B. No. 2075 was passed by the House on April |
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12, 2007, by the following vote: Yeas 141, Nays 0, 2 present, not |
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voting; and that the House concurred in Senate amendments to H.B. |
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No. 2075 on May 17, 2007, by the following vote: Yeas 147, Nays 0, |
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1 present, not voting. |
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______________________________ |
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Chief Clerk of the House |
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I certify that H.B. No. 2075 was passed by the Senate, with |
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amendments, on May 15, 2007, by the following vote: Yeas 31, Nays |
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0. |
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______________________________ |
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Secretary of the Senate |
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APPROVED: __________________ |
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Date |
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__________________ |
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Governor |