This week, House Bill 203, The Prompt Pay Act received its first hearing on Wednesday in the Ohio Senate Higher Education Committee. The bill, opposed by the OMA, 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).

The bill is a blatant violation of manufacturers’ freedom of contract rights. Contact State Senator Jerry Cirino, who chairs the committee, and urge him to oppose prompt pay. 6/25/2024