Public contracts: retention proceeds.

Legislative status

1. Introduced
2. In Committee
3. Reported by Committee
4. Floor Vote Scheduled
5. Passed One Chamber
6. Passed Both Chambers
7. Sent to Executive
8. Signed into Law

Summary

The bill repeals the current escrow rule for large retention amounts and caps any retention withheld on progress payments for public‑works contracts at 3.5% of the payment. It applies to all state agencies except the Department of Transportation for contracts awarded after Jan 1 2027, and requires agencies to alert legislative committees if not withholding retention harms the state's interests. The provisions are temporary and will expire on Jan 1 2032.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Vote

From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 16. Noes 0.) (April 22). · Apr 27, 2026

Hearings

• Appropriations Committee Hearing
  Appropriations · May 14, 2026
• Appropriations Committee Hearing
  Appropriations · May 6, 2026
• Governmental Organization Committee Hearing
  Governmental Organization · Apr 22, 2026
• Governmental Organization
  Governmental Organization · Apr 8, 2026

History

1. May 14, 2026In committee: Held under submission.
2. May 6, 2026In committee: Set, first hearing. Referred to APPR. suspense file.
3. Apr 29, 2026Re-referred to Com. on APPR.
4. Apr 28, 2026Read second time and amended.
5. Apr 27, 2026From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 16. Noes 0.) (April 22).
6. Apr 8, 2026In committee: Set, first hearing. Hearing canceled at the request of author.
7. Mar 17, 2026Re-referred to Com. on G.O.
8. Mar 16, 2026Referred to Com. on G.O.
9. Mar 16, 2026From committee chair, with author's amendments: Amend, and re-refer to Com. on G.O. Read second time and amended.
10. Feb 13, 2026From printer. May be heard in committee March 15.
11. Feb 12, 2026Read first time. To print.

Sponsors

• Carrillo · sponsor

Bill text

Opens the legislature’s own copy.

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