HB 2483
bill puts construction retainage in escrow
Died in committee
Verdict: No flags
Initial review · graded Oct 19, 2026 · Headline, summary and grade are analysis of the bill text, not a finding about any person · How we grade
Caption
relating to an account for construction retainage.
Caption from analyzed text · version I.
Summary
Held-back subcontractor pay goes into an escrow account.
This bill requires a contractor who holds back part of a subcontractor's pay until a job is finished, called retainage, to put that money in an escrow account. It touches general contractors and the subcontractors who work under them on construction contracts. Withheld pay must be held in escrow and kept available to pay what the contractor owes the subcontractor, starting with contracts signed or renewed on or after September 1, 2025.
Labels
Labels: NEVER GOT A HEARING. Filed Feb 5, 2025 and referred to the House Trade, Workforce & Economic Development committee. No public hearing. The bill died.
Receipt
The receipt
89R-HB2483 · 2025-02-05
SOLD BY
ITEM
relating to an account for construction retainage.
WHAT IT DOES
Held-back subcontractor pay goes into an escrow account.
This bill requires a contractor who holds back part of a subcontractor's pay until a job is finished, called retainage, to put that money in an escrow account. It touches general contractors and the subcontractors who work under them on construction contracts. Withheld pay must be held in escrow and kept available to pay what the contractor owes the subcontractor, starting with contracts signed or renewed on or after September 1, 2025.
CHARGES
[ ] NONE FOUND
TOTAL
No fiscal note in the loaded record.
HISTORY
- Filed
- Read first time
- Referred to Trade, Workforce & Economic Development
FILED UNDER
Beats not yet reviewed.
THANK YOU FOR CHECKING THE RECEIPT
CAMPAIGN PAID FOR BY
CAMPAIGN PAID FOR BY
Donors
Not tied to this bill.
Sources
The author's campaign account only. Own money and internal transfers are separate on the member page.
Derived itemized flow · Oct 31, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Texans for Lawsuit Reform PAC$192,192.00
Texans for Lawsuit Reform PAC
$192,192.00
- Cash
- $65,000.00
- Paid by others
- $127,192.00
- Total
- $192,192.00
Also funds 124 other sitting lawmakers.
Derived recipient stock · Jul 10, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.
TEC account match.
TeamSources
Derived itemized flow · Jun 24, 2025 to Sep 17, 2026. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Report IDs: 101010834, 101033425, 101040992, 101069649.
Texas Sands PAC$37,000.00
Texas Sands PAC
$37,000.00
- Cash
- $37,000.00
- Paid by others
- $0.00
- Total
- $37,000.00
Also funds 121 other sitting lawmakers.
Derived recipient stock · Jul 3, 2024 to Oct 24, 2026. State data as of Nov 4, 2026.
TEC account match.
TeamSources
Derived itemized flow · Dec 9, 2024 to Oct 12, 2026. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Report IDs: 101012342, 101040992, 101072660.
Missing data does not establish zero giving. Display amounts are rounded.
Texans for Lawsuit Reform PAC
$192,192.00
- Cash
- $65,000.00
- Paid by others
- $127,192.00
- Total
- $192,192.00
Also funds 124 other sitting lawmakers.
Derived recipient stock · Jul 10, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.
TEC account match.
TeamSources
Derived itemized flow · Jun 24, 2025 to Sep 17, 2026. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Report IDs: 101010834, 101033425, 101040992, 101069649.
Texas Sands PAC
$37,000.00
- Cash
- $37,000.00
- Paid by others
- $0.00
- Total
- $37,000.00
Also funds 121 other sitting lawmakers.
Derived recipient stock · Jul 3, 2024 to Oct 24, 2026. State data as of Nov 4, 2026.
TEC account match.
TeamSources
Derived itemized flow · Dec 9, 2024 to Oct 12, 2026. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Report IDs: 101012342, 101040992, 101072660.
Votes
No floor vote loaded for this bill.
Fiscal
No fiscal note in the loaded record.
How this was graded
Analysis of text version I by claude-opus-5-5, Oct 19, 2026, against the published rubric.
Sources
Texas House · Filed Feb 5, 2025
03/17/2025 H Referred to Trade, Workforce & Economic Development: Mar 17 2025 2:32PM
Texas Legislature Online · Introduced
Data snapshot Oct 26, 2026 at 4:20 AM CDT. Grades, charges, quotes and corrections follow the published record.
House committee · Trade, Workforce & Economic Development · Final status: Died in committee
Subjects
Business & Commerce--General
Property Interests--General
CONTRACTORS & SUBCONTRACTORS
ESCROW
Text
The text as introduced · 243 words
89R4716 PRL-D By: Curry H.B. No. 2483 A BILL TO BE ENTITLED AN ACT relating to an account for construction retainage. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Title 4, Business & Commerce Code, is amended by adding Chapter 60 to read as follows: CHAPTER 60. ACCOUNT FOR CONSTRUCTION RETAINAGE Sec. 60.001. DEFINITIONS. In this chapter: (1) "Construction contract" has the meaning assigned by Section 272.0001. (2) "Retainage" is an amount or agreed percentage of money in a construction contract between a contractor and a subcontractor that is withheld from a payment and not due to be paid until completion of the contract or on an agreed date. Sec. 60.002. ESCROW ACCOUNT FOR RETAINAGE. If a construction contract or an agreement collateral to or affecting the construction contract contains a provision providing for retainage, the contractor shall deposit and hold any retainage in an escrow account. Money in the escrow account is available to satisfy the contractor's obligation to a subcontractor. SECTION 2. The changes in law made by this Act apply only to a contract that is entered into or renewed on or after the effective date of this Act. A contract entered into before the effective date of this Act is governed by the law in effect on the date the contract was entered into, and the former law is continued in effect for that purpose. SECTION 3. This Act takes effect September 1, 2025.