House Advances Construction Contract Mandate

The Ohio House this week passed HB 203, OMA-opposed legislation that mandates payment terms in construction contracts and eliminates the owner’s right to negotiate by requiring payment within 30 days (or face an exorbitant 18% interest penalty).

Ignoring opposition from the business community, the House passed the bill on a 76-12 vote, which included significant support from Republicans. The bill now goes to the Senate. Senators need to hear from businesses; contact your senator and ask them to oppose HB 203. 12/7/2023