Key Votes
HB 1035 - Performance and Payment Bond Modification - Key Vote
North Carolina Key Votes
Stages
- July 22, 2010 Executive Signed
- July 8, 2010 House Concurrence Vote Passed
- July 8, 2010 Senate Bill Passed
- May 14, 2009 House Bill Passed
- April 2, 2009 Introduced
Family
Issues
Stage Details
Legislation - Signed (Executive) - July 22, 2010
Title: Performance and Payment Bond Modification
Signed by Governor Bev Perdue
Legislation - Concurrence Vote Passed (House) (59-50) - July 8, 2010 (Key vote)
Title: Performance and Payment Bond Modification
Vote Smart's Synopsis:
Vote to concur with Senate amendments and pass a bill that requires contracting bodies to issue performance and payment bonds for construction contracts.
Highlights:
-Requires a contracting body from any contractor or construction manager at risk with a contract of more than $50,000 to issue a performance and payment bond for any project where the total amount of construction contracts exceed $300,000; except in regards to construction contracts awarded for state departments, state agencies, or the University of North Carolina consortium where the total amount of construction contracts must exceed $500,000 (Sec. 1).
Legislation - Bill Passed (Senate) (34-13) - July 8, 2010 (Key vote)
Title: Performance and Payment Bond Modification
Vote Smart's Synopsis:
Vote to pass a bill that requires contracting bodies to issue performance and payment bonds for construction contracts.
Highlights:
-Requires a contracting body from any contractor or construction manager at risk with a contract of more than $50,000 to issue a performance and payment bond for any project where the total amount of construction contracts exceed $300,000; except in regards to construction contracts awarded for state departments, state agencies, or the University of North Carolina consortium where the total amount of construction contracts must exceed $500,000 (Sec. 1).
Note:
NOTE: THIS IS A SUBSTITUTE BILL, MEANING THE LANGUAGE OF THE ORIGINAL BILL HAS BEEN REPLACED. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.
Legislation - Bill Passed (House) (111-0) - May 14, 2009
Title: Performance and Payment Bond Modification
Legislation - Introduced (House) - April 2, 2009
Title: Performance and Payment Bond Modification
Sponsors
- Rick Glazier (NC - D)
- D. Bruce Goforth (NC - D) (Out Of Office)
- Marian Nelson McLawhorn (NC - D) (Out Of Office)
- Douglas Yates Yongue (NC - D) (Out Of Office)
Co-sponsors
- Mary Price 'Pricey' Harrison (NC - D)
- Verla Clemens Insko (NC - D)
- Marvin Willis Lucas Jr. (NC - D)
- Earline W. Parmon (NC - D) (Out Of Office)
