House Bill

HB 1033

Retainage requirements.

In plain English

Lowers the most that can be held back from payments to contractors on certain state and local public works projects. The cap drops from 10% to 6% until the project is 50% complete, and from 5% to 3% until it is substantially complete. Removes the requirement that a minimum amount be held back.

Written by AI from the official digest below, and checked only by automated rules. If they differ, the official digest and bill text control.

Official digest

Changes the maximum amount of retainage for certain state and local public works projects from: (1) 10% to 6% of the dollar value of all work satisfactorily completed until the public work is 50% complete; and (2) 5% to 3% of the dollar value of all work satisfactorily completed until the public work is substantially complete. Removes the requirement of a minimum amount of retainage for certain state and local public works projects.

Latest action: Signed by the Governor, April 3, 2025Full text and history at iga.in.gov

Authors and sponsors

Jim Pressel, Linda Rogers, Blake Doriot, David Niezgodski

Co-authors and co-sponsors: Doug Miller

Roll-call votes

2 recorded votes, oldest first. Third-reading votes decide whether a bill passes a chamber; amendment votes and procedural motions are listed too.

House · Feb 6, 2025

Third reading: vote to pass

Roll call text: HB 1033 - Pressel - 3rd Reading

Passed

84 yes1 no15 did not vote

Republicans: 60 yes, 0 no, 10 did not voteDemocrats: 22 yes, 1 no, 5 did not voteIndependents: 1 yes, 0 noNot matched to a current member: 1 yes, 0 no

How each member voted

Yes (84)

No (1)

Did not vote (15)

Senate · Mar 18, 2025

Third reading: vote to pass

Roll call text: HB 1033 - Rogers - 3rd Reading

Passed

48 yes0 no2 did not vote

Republicans: 37 yes, 0 no, 2 did not voteDemocrats: 10 yes, 0 noNot matched to a current member: 1 yes, 0 no

How each member voted

Source: Open States, compiled from the Indiana General Assembly's official roll calls. The official record at iga.in.gov controls. Spot an error? Let us know.