This bill establishes new deadlines for the payment of contracts and grants under the State Procurement Code, specifically targeting payments to contractors, nonprofit organizations, municipalities, and Alaska Native organizations. It mandates that agencies must pay contractors within 30 calendar days after receiving a compliant payment request, a reduction from the previous 45 days. If payment is not made within this timeframe, agencies are required to pay interest on the unpaid amount starting from the 31st calendar day. Additionally, if payment is withheld due to unsatisfactory performance or non-compliance with contract requirements, agencies must notify the contractor within eight working days, detailing the reasons for withholding payment and the necessary remedial actions.

The bill also includes provisions for reporting late payments made during 2026, requiring agencies to submit a report to the legislature detailing the number of late payments, reasons for delays, and the duration of those delays. Furthermore, it enhances transparency by mandating the Department of Administration to maintain a searchable Internet website that provides financial information, including payments that are 30 or more days past due. The effective dates for various sections of the bill are staggered, with some provisions taking effect immediately, while others will be implemented in 2027 and 2028.

Statutes affected:
HB0133A, AM HB 133, introduced 03/12/2025: 45.45.010, 36.90.200, 36.90.310, 36.30.990, 18.66.020, 37.05.315, 37.05.316, 38.05.097
HB0133B, AM CSHB 133(CRA), introduced 04/30/2025: 45.45.010, 36.90.200, 36.90.310
HB0133C, AM CSHB 133(STA), introduced 01/30/2026: 45.45.010, 36.90.200, 36.90.310, 36.30.990, 18.66.020, 37.05.315, 37.05.316, 38.05.097
HB0133D, AM CSHB 133(FIN), introduced 04/10/2026: 45.45.010, 36.90.200, 36.90.310, 36.30.990, 18.66.020, 37.05.315, 37.05.316, 38.05.097, 36.90.290
HB0133E, AM CSHB 133(FIN) am, introduced 04/20/2026, passed House 04/22/2026: 45.45.010, 36.90.200, 36.90.310, 36.30.970, 36.30.990, 18.66.020, 37.05.315, 37.05.316, 38.05.097, 37.05.215, 37.05.210, 37.05.540, 37.13.145, 36.90.290
HB0133F, AM SCS CSHB 133(FIN), introduced 05/13/2026: 45.45.010, 36.90.200, 36.90.310, 36.30.970, 36.30.990, 18.66.020, 37.05.315, 37.05.316, 38.05.097, 37.05.215, 37.05.210, 37.05.540, 37.13.145
HB0133G, AM SCS CSHB 133(FIN) am S, introduced 05/16/2026: 45.45.010, 36.90.200, 36.90.310, 36.30.970, 36.30.990, 18.66.020, 37.05.315, 37.05.316, 38.05.097, 37.05.215, 37.05.210, 37.05.540, 37.13.145