AN ACT
1-1 relating to retainage on certain highway contracts.
1-2 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-3 SECTION 1. Section 223.010, Transportation Code, is amended
1-4 by amending Subsection (a) and adding Subsection (h) to read as
1-5 follows:
1-6 (a) Five percent of the contract price shall be retained
1-7 until the entire improvement has been completed and accepted except
1-8 as provided in Subsection (h).
1-9 (h) Four percent of the contract price shall be retained
1-10 until the entire improvement has been completed and accepted on any
1-11 contract that includes the use of recycled materials.
1-12 SECTION 2. This Act takes effect September 1, 1999.
1-13 SECTION 3. The importance of this legislation and the
1-14 crowded condition of the calendars in both houses create an
1-15 emergency and an imperative public necessity that the
1-16 constitutional rule requiring bills to be read on three several
1-17 days in each house be suspended, and this rule is hereby suspended.
_______________________________ _______________________________
President of the Senate Speaker of the House
I hereby certify that S.B. No. 1195 passed the Senate on
April 26, 1999, by the following vote: Yeas 30, Nays 0; and that
the Senate concurred in House amendment on May 28, 1999, by a
viva-voce vote.
_______________________________
Secretary of the Senate
I hereby certify that S.B. No. 1195 passed the House, with
amendment, on May 25, 1999, by a non-record vote.
_______________________________
Chief Clerk of the House
Approved:
_______________________________
Date
_______________________________
Governor