HB 1245 CO Introduced
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Summary
The bill specifies that a person commits theft when the person knowingly uses an advance payment for a construction project for an unrelated purpose that results in the delay, end, abandonment, or material nonperformance of the construction project.The bill requires that before a contractor can take an advance payment from a customer, a contractor shall provide the customer with a written disclosure identifying the intended use of the advance payment, the anticipated timing of expenses identified in the disclosure, and the project's anticipated start date.(Note: This summary applies to this bill as introduced.)
Sponsors (3)
- R. English Democratic · sponsor
- R. Keltie Republican · sponsor
- R. Pelton Republican · sponsor
Action history (7)
- Apr 21, 2026 House Third Reading Lost - No Amendments · lower
- Apr 20, 2026 House Third Reading Laid Over Daily - No Amendments · lower
- Apr 17, 2026 House Second Reading Special Order - Passed with Amendments - Floor · lower
- Apr 15, 2026 House Second Reading Special Order - Laid Over Daily - No Amendments · lower
- Mar 6, 2026 House Second Reading Laid Over Daily - No Amendments · lower
- Mar 4, 2026 House Committee on Business Affairs & Labor Refer Unamended to House Committee of the Whole · lower
- Feb 18, 2026 Introduced In House - Assigned to Business Affairs & Labor · lower
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