HB724 (2018 Regular Session)

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HB724

Virginia Public Procurement Act; amends prompt payment provisions, etc.

Overview

Status:
Killed

Chief Patron:
Ken Plum (D)

Session:
2018 Regular Session

Summary

As Introduced. Virginia Public Procurement Act; prompt payment; payment date.

Amends the prompt payment provisions of the Virginia Public Procurement Act by changing the definition of "payment date" from 30 days to 15 days after receipt of a proper invoice by the state agency, where a contract does not specify the payment date.

Bill History
01/09/2018 - House: Prefiled and ordered printed; offered 01/10/18 18103291D
01/09/2018 - House: Referred to Committee on General Laws
02/06/2018 - House: Impact statement from DPB (HB724)
02/13/2018 - House: Left in General Laws

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com

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