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Senate panel backs raising contractor reporting threshold to $50,000 in SB 2163

2137258 · January 21, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The committee recommended due pass on SB 2163, a Secretary of State cleanup bill that raises the threshold for reportable project size for contractor certification from $25,000 to $50,000, citing inflation and long interval since the last change.

The Senate Industry and Business Committee recommended a due‑pass report for Senate Bill 2163, a Secretary of State housekeeping measure that raises the dollar threshold for contractor project reporting from $25,000 to $50,000.

Beth Herzog, Information Management Licensing and Notary Director for the Secretary of State, asked the committee to support the bill, saying the threshold has not been updated in 20 years and that contractors complained the current limit is too low relative to current costs. Sen. Kessel, the bill sponsor, said the threshold was $10,000 in 1983, $25,000 in 2001, and the proposed $50,000 would bring the requirement closer to current industry practice.

No opposition testimony was offered during the hearing and committee members voted for a due‑pass recommendation. The clerk recorded a roll‑call vote with Senators Klein, Kessel, Chairman Barta, Vice Chairman Behm and others voting Aye.

If enacted, the bill will change the reporting obligations tied to contractor certification forms to exclude projects under $50,000 for purposes of the annual reporting requirement described in statute.