SF 574: Relating to retention of fees for public improvement contracts

What it does

This bill relates to retention fees and bonds for public improvement contracts. The bill provides that after a claim has been filed for costs incurred in the construction of a public improvement and the general contractor has filed a surety bond in double the amount of the claim in controversy with a public corporation or person withholding funds, the public corporation or person must pay to the contractor the full amount of retention funds held for the project or double the amount of the claim, whichever is less.

House subcommittee · named March 31, 2025

• Rep. Craig P. Johnson (R) · craig.johnson@legis.iowa.gov
• Rep. Chad Behn (R) · chad.behn@legis.iowa.gov
• Rep. Kenan Judge (D) · kenan.judge@legis.iowa.gov

Lobbying · 5 for, 9 against

For: Associated Builders & Contractors of Iowa; IBEW Iowa State Conference; Master Builders of Iowa; National Federation of Independent Business (NFIB /IA); Sheet Metal Contractors of Iowa

Against: American Council of Engineering Companies; Associated Builders & Contractors of Iowa; Iowa Association of Community College Trustees; Iowa Association of School Boards; Iowa Engineering Society; Iowa Good Roads Association; Rural School Advocates of Iowa; School Administrators of Iowa; Urban Education Network of Iowa

In plain words

1. March 10, 2025Filed in the Senate
2. March 10, 2025Approved by the Senate committee
3. March 25, 2025Passed the Senate, 45–4
4. March 26, 2025Arrived in the House
5. March 31, 2025House subcommittee named: Johnson, C., Behn and Judge
6. April 1, 2025Subcommittee recommended passing it
7. April 2, 2025Approved by the House committee
8. April 2, 2025Committee vote: 24–0
9. April 15, 2025Passed the House, 90–4
10. April 25, 2025Sent to the Governor
11. April 25, 2025Signed into law