SB451 — Construction: contracts; prompt payment law; establish for contractors to pay subcontractors and suppliers in a timely manner. Creates new act.

SB451 — Construction: contracts; prompt payment law; establish for contractors to pay subcontractors and suppliers in a timely manner. Creates new act. · Informed CitizenrySB451, the 'Construction Payment Act,' establishes rules for timely payments in the private commercial construction industry. The act requires construction contracts to include specific payment cla…Open in Informed Citizenry