CO HB 1311

enacted

Retainage Surety Bond Construction Contracts

Colorado · 2026 Regular Session · lower

Description

Under Colorado law, a private property owner is prohibited from retaining more than 5% of a construction contract as retainage if the contract is at least $150,000. The act authorizes a contractor to submit a retainage bond in lieu of withholding retainage, and a private property owner must accept the retainage bond and not withhold the retainage if the retainage bond meets the act's standards. A subcontractor may require the contractor to submit a bond in lieu of retainage for the subcontractor's portion of the retainage. The contractor may require the subcontractor to submit a like bond to the contractor.(Note: This summary applies to this bill as enacted.)

Introduced: 2026-03-02
Status date: —
Latest action: 2026-05-07 — Governor Signed
Bill type: bill
Last updated: —

Subjects

Committees

Not provided by source.

Action timeline

2026-05-07
Governor Signed
executive-signature
2026-04-28
Sent to the Governor
executive-receipt
2026-04-28
Signed by the President of the Senate
passage
2026-04-28
Signed by the Speaker of the House
passage
2026-04-07
Senate Third Reading Passed - No Amendments
passage,reading-3
2026-04-06
Senate Second Reading Passed - No Amendments
reading-2
2026-03-31
Senate Committee on Finance Refer Unamended to Senate Committee of the Whole
committee-passage,referral-committee
2026-03-25
Introduced In Senate - Assigned to Finance
introduction
2026-03-23
House Third Reading Passed - No Amendments
passage,reading-3
2026-03-20
House Second Reading Special Order - Passed with Amendments - Floor
2026-03-18
House Committee on Business Affairs & Labor Refer Unamended to House Committee of the Whole
committee-passage,referral-committee
2026-03-02
Introduced In House - Assigned to Business Affairs & Labor
introduction

Versions

Introduced — 2026-03-02Compare
Engrossed — 2026-03-20Compare
Reengrossed — 2026-03-23Compare
Revised — 2026-04-06Compare
Rerevised — 2026-04-07Compare
Final Act — 2026-04-24Compare
Signed Act — 2026-05-07Compare
(document, no version)Compare

Documents

Votes

Refer House Bill 26-1311 to the Committee of the Whole.
2026-03-18 · pass · 0-0
Member-level votes (13)
- Max Brooks: no
- Regina English: yes
- Ryan Gonzalez: yes
- Rebecca Keltie: yes
- Sheila Lieder: yes
- Javier Mabrey: yes
- Bob Marshall: no
- Tisha Mauro: yes
- Chris Richardson: yes
- Gretchen Rydin: yes
- Larry Don Suckla: yes
- Sean Camacho: yes
- Naquetta Ricks: yes
Refer House Bill 26-1311 to the Committee of the Whole.
2026-03-31 · pass · 0-0
Member-level votes (9)
- Adrienne Benavidez: yes
- Scott Bright: yes
- Lisa Frizell: yes
- Chris Kolker: yes
- Kyle Mullica: yes
- Cleave Simpson: yes
- Marc Snyder: yes
- James Coleman: excused
- Cathy Kipp: yes
BILL
2026-04-07 · pass · 0-0
Member-level votes (36)
- Amabile: yes
- Baisley: no
- Ball: yes
- Benavidez: yes
- Bridges: yes
- Bright: yes
- Carson: yes
- Catlin: yes
- Cutter: yes
- Danielson: yes
- Daugherty: yes
- Exum: yes
- Frizell: yes
- Gonzales J.: yes
- Hinrichsen: yes
- Jodeh: yes
- Kipp: yes
- Kirkmeyer: yes
- Kolker: yes
- Lindstedt: yes
- Liston: yes
- Marchman: yes
- Mullica: yes
- Pelton B.: yes
- Pelton R.: yes
- Rich: yes
- Roberts: yes
- Rodriguez: yes
- Simpson: yes
- Snyder: yes
- Sullivan: yes
- Wallace: yes
- Weissman: yes
- Zamora Wilson: no
- Coleman: yes
- President: yes

Related bills

No related bills recorded for this bill.

Official source

https://leg.colorado.gov/bills/HB26-1311

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T03:52:26.466301Z

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