California 2011-2012 Regular Session Status: In Committee 1 D cosponsors

AB 2185 — Public contracts: bonds.

Last action — Referred to Com. on B., P. & C.P.

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Assembly
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2011-2012 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

The State Contract Act requires that every contract provide for the filing of separate performance and payment bonds, as provided, and that the performance and payment bonds each equal at least 12 of the contract price, subject to certain exceptions. Existing law gives the Department of Transportation discretion to specify that, for projects with a contract price greater than $250,000,000, the payment bond shall be the lesser of 12 the contract price or $500,000,000. This bill would authorize the High-Speed Rail Authority to provide that, for projects with a contract price greater than $250,000,000, the payment bond be the lesser of 12 the contract price or $500,000,000.

Bill Text

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Action History

  1. Referred to Com. on B., P. & C.P.

  2. From printer. May be heard in committee March 25.

  3. Read first time. To print.

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 121 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (121)

121 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Subjects

finance transportation
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Frequently asked questions

What does AB 2185 do?
The State Contract Act requires that every contract provide for the filing of separate performance and payment bonds, as provided, and that the performance and payment bonds each equal at least 12 of the contract price, subject to certain exceptions. Existing law gives the Department of Transportation discretion to specify that, for projects with a contract price greater than $250,000,000, the payment bond shall be the lesser of 12 the contract price or $500,000,000. This bill would authorize the High-Speed Rail Authority to provide that, for projects with a contract price greater than $250,000,000, the payment bond be the lesser of 12 the contract price or $500,000,000.
Who sponsors AB 2185?
AB 2185 is sponsored by Lowenthal, Josh (Democratic).
What is the current status of AB 2185?
This bill died with 2011-2012 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track AB 2185?
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Last checked for changes 3 months ago · updated continuously

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