BILL ANALYSIS                                                                                                                                                                                                    



                                                                  AB 1119
                                                                  Page  1


          ASSEMBLY THIRD READING
          AB 1119 (Emmerson)
          As Amended  May 5, 2009
          Majority vote 

           BUSINESS & PROFESSIONS       8-0JUDICIARY              10-0     
           
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          |Ayes:|Hayashi, Emmerson,        |Ayes:|Feuer, Tran, Brownley,    |
          |     |Conway, Eng, Hernandez,   |     |Evans, Jones, Knight,     |
          |     |Nava, Niello, Smyth       |     |Krekorian, Lieu, Monning, |
          |     |                          |     |Nielsen                   |
          |-----+--------------------------+-----+--------------------------|
          |     |                          |     |                          |
           ----------------------------------------------------------------- 
           SUMMARY  :  States legislative intent to reconsider prompt payment  
          statutes regarding public and private works of improvement to  
          aid in their clarity and application.

           EXISTING LAW  :


          1)Requires an owner of a private work of improvement to release  
            retention proceeds withheld from any payment within 45 days  
            after the date of completion; and, requires a public entity to  
            release retention proceeds entity within 60 days after the  
            date of completion.


          2)Requires an original contractor to pay any subcontractor  
            within 10 days of receipt of a progress payment, unless  
            otherwise agreed to in writing.


          3)Requires an original contractor to pay any subcontractor  
            within 10 days of receipt of any portion of retention  
            proceeds.


          4)Imposes a penalty of 2% on the amount due per month on funds  
            that are improperly withheld in a contract dispute relating to  
            public and private works of improvement, as specified. 










                                                                  AB 1119
                                                                  Page  2


          5)Requires a state agency that fails to make any progress  
            payment within 30 days after receipt of a payment request to  
            pay interest at the rate of 10% per year.

           
          FISCAL EFFECT  :   Unknown.  This bill is keyed non-fiscal.

           COMMENTS  :   According to the author's office, "Current law  
          requires that there must be timely payments to general  
          contractors by project owners and to subcontractors by general  
          contractors in several code sections.  However, these provisions  
          are not only inconsistent but lead to confusion, misapplication,  
          missed deadlines, and delays in both payments and recourse." 

          Retention proceeds represent a percentage of the amount of a  
          contract that is withheld from a progress payment by the public  
          entity to the original contractor or the original contractor  
          from one of its subcontractors.  By withholding a percentage of  
          a contract, the public entity or the original contractor  
          maintains a degree of financial control over a project.  


           Analysis Prepared by  :    Rebecca May / B. & P. / (916) 319-3301 


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