Relating to funds reserved for certain construction materials.
SB 2131 prevents construction owners, contractors, and subcontractors from reserving funds under Property Code Section 53.101 for specially fabricated materials that have already been delivered, accepted, and covered by a manufacturer's warranty. The bill applies only to new contracts signed on or after September 1, 2025, leaving existing contracts unaffected. It restricts fund retention for materials that meet both delivery/acceptance and warranty conditions. This change directly affects how construction projects manage payments for specific materials.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 10, 2025
Last action Mar 24, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Mar 24, 2025
Committee
Referred to Business & Commerce
upper
Mar 24, 2025
Introduced
Read first time
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Chuy Hinojosa
DDemocratic
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