The Subcommittee on Government Administration met this afternoon to hear a discussion about House Bill 2152.
House Bill 2152, the Prompt Payment Act of 2025, requires the State to pay all undisputed invoices within 45 days. Late payment issues have come to light with several agencies. Currently, there isn’t a law requiring payment by a certain time. This bill will allow predictability in payments for companies doing business with the State. The bill does allow for an interest rate if not paid on time. The bill will be bound over for markups at the next meeting of the subcommittee.
