---
type: "Bill"
title: "Retainage Surety Bond Construction Contracts"
description: "Under Colorado law, a private property owner is prohibited from retaining more than 5% of a construction contract as retainage if the contract is at least $150,000. The act authorizes a contractor to submit a retainage bond in lieu of withholding retainage, and a private property owner must accept the retainage bond and not withhold the retainage if the retainage bond meets the act's standards. A subcontractor may require the contractor to submit a bond in lieu of retainage for the subcontractor's portion of the retainage. The contractor may require the subcontractor to submit a like bond to the contractor.(Note: This summary applies to this bill as enacted.)"
jurisdiction: "us/states/co"
legislature: "Colorado General Assembly"
session: "2026A"
identifier: "HB 1311"
citation: "Colorado HB 1311 (2026A)"
classification: ["bill"]
subjects: ["Housing", "Labor & Employment", "Professions & Occupations"]
status: "enacted"
primary_sponsors: ["M. Carter", "M. Duran", "M. Snyder", "S. Bright"]
version_count: 7
action_count: 12
vote_count: 3
first_action: "2026-03-02"
last_action: "2026-05-07"
source: "openstates"
source_identifier: "ocd-bill/a88a48b0-b4c1-4d6d-a4e0-d9156d3d9bf4"
source_url: "https://leg.colorado.gov/bills/HB26-1311"
source_hash: "987a153e9e22f2dff5b53c72a49c645e21e353dd732a08c1206651bd17782dc4"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-co"]
---

# Colorado HB 1311 (2026A) — Retainage Surety Bond Construction Contracts

Under Colorado law, a private property owner is prohibited from retaining more than 5% of a construction contract as retainage if the contract is at least $150,000. The act authorizes a contractor to submit a retainage bond in lieu of withholding retainage, and a private property owner must accept the retainage bond and not withhold the retainage if the retainage bond meets the act's standards. A subcontractor may require the contractor to submit a bond in lieu of retainage for the subcontractor's portion of the retainage. The contractor may require the subcontractor to submit a like bond to the contractor.(Note: This summary applies to this bill as enacted.)

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](https://leg.colorado.gov/bill_files/112774/download)
2. **Engrossed** (committee substitute) — [source](https://leg.colorado.gov/bill_files/113533/download)
3. **Final Act** (committee substitute) — [source](https://leg.colorado.gov/bill_files/115202/download)
4. **Reengrossed** (committee substitute) — [source](https://leg.colorado.gov/bill_files/113599/download)
5. **Rerevised** (committee substitute) — [source](https://leg.colorado.gov/bill_files/114204/download)
6. **Revised** (committee substitute) — [source](https://leg.colorado.gov/bill_files/114159/download)
7. **Signed Act** (committee substitute) — [source](https://leg.colorado.gov/bill_files/116083/download)

## Votes

- Refer House Bill 26-1311 to the Committee of the Whole. — **pass** (pass) · lower
- Refer House Bill 26-1311 to the Committee of the Whole. — **pass** (pass) · upper
- BILL — **pass** (pass) · lower

## Sponsors

- M. Carter — primary (person)
- M. Duran — primary (person)
- M. Snyder — primary (person)
- S. Bright — primary (person)
- A. Benavidez — cosponsor (person)
- B. Titone — cosponsor (person)
- C. Kipp — cosponsor (person)
- C. Kolker — cosponsor (person)
- I. Jodeh — cosponsor (person)
- J. Amabile — cosponsor (person)
- J. Coleman — cosponsor (person)
- J. Gonzales — cosponsor (person)
- K. Wallace — cosponsor (person)
- L. Cutter — cosponsor (person)
- L. Frizell — cosponsor (person)
- R. Gonzalez — cosponsor (person)
- R. Rodriguez — cosponsor (person)
- T. Exum — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2026-05-07** Governor Signed `executive-signature`
- **2026-04-28** Sent to the Governor `executive-receipt`
- **2026-04-28** Signed by the President of the Senate `passage`
- **2026-04-28** Signed by the Speaker of the House `passage`
- **2026-04-07** Senate Third Reading Passed - No Amendments `passage, reading-3`
- **2026-04-06** Senate Second Reading Passed - No Amendments `reading-2`
- **2026-03-31** Senate Committee on Finance Refer Unamended to Senate Committee of the Whole `committee-passage, referral-committee`
- **2026-03-25** Introduced In Senate - Assigned to Finance `introduction`
- **2026-03-23** House Third Reading Passed - No Amendments `passage, reading-3`
- **2026-03-20** House Second Reading Special Order - Passed with Amendments - Floor
- **2026-03-18** House Committee on Business Affairs & Labor Refer Unamended to House Committee of the Whole `committee-passage, referral-committee`
- **2026-03-02** Introduced In House - Assigned to Business Affairs & Labor `introduction`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/a88a48b0-b4c1-4d6d-a4e0-d9156d3d9bf4`. Confidence: reported (aggregated from official Colorado legislature records).