[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3961 Introduced in House (IH)]

103d CONGRESS
  2d Session
                                H. R. 3961

  To amend the Act known as the ``Miller Act'' to raise the value of 
 contracts for which performance bonds and payment bonds are required 
                            under that Act.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 3, 1994

 Mr. Thompson of Mississippi introduced the following bill; which was 
               referred to the Committee on the Judiciary

_______________________________________________________________________

                                 A BILL


 
  To amend the Act known as the ``Miller Act'' to raise the value of 
 contracts for which performance bonds and payment bonds are required 
                            under that Act.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. INCREASED VALUE OF CONTRACTS FOR WHICH BONDS REQUIRED UNDER 
              MILLER ACT.

    The Act of August 24, 1935 (40 U.S.C. 270a et seq.), popularly 
known as the ``Miller Act'', is amended in the first section by 
striking out ``$25,000'' in subsection (a) and inserting in lieu 
thereof ``$100,000''.

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