Business Development

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Senators Talking About this Issue

Senator

Anna M. Kaplan

7th Senate District

Senator

Patty Ritchie

48th Senate District

Senator

Roxanne J. Persaud

19th Senate District

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Provides for a reasonable amount of construction contract sum to be deposited in a separate interest bearing escrow account with a third party escrow agent; provides further that the owner shall be subject to the payment of interest, in addition to the escrow interest, at the rate of one percent per month and the contractor or subcontractor shall be subject to payment of interest on the amount of retainage it holds at the rate of one percent per month.


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

January 05, 2022

In Senate Committee Consumer Protection Committee

Sponsor: Anna M. Kaplan

Provides that every state agency and public authority shall provide to the department of economic development a list of programs, including a description of each program, offered by such state agency or public authority to assist small businesses doing business within this state and the contract information for such programs.


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed by Governor

January 28, 2021

Signed by Governor

Sponsor: Anna M. Kaplan

There are no upcoming meetings or public hearings scheduled at this time

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