The proposed bill, General Assembly Proposed Bill No. 5685, aims to prohibit the use of pay-if-paid clauses in construction contracts, which often delay payments to subcontractors until the contractor receives payment from the owner. The bill seeks to amend the general statutes to eliminate these clauses, thereby ensuring that subcontractors are not unfairly penalized for the contractor's payment delays.

Additionally, the bill proposes amendments to section 42-158j of the general statutes to establish clear timelines for payments from contractors to subcontractors. Specifically, it mandates that payments must be made either within seven days after the contractor receives payment from the owner for the subcontractor's work or within sixty days after the satisfactory completion of the subcontractor's work, whichever timeframe is shorter. This change is intended to promote timely payments and protect the financial interests of subcontractors in the construction industry.