IL HB4670 | 2015-2016 | 99th General Assembly

Status

Sponsorship: Partisan Bill (Democrat 2)
Status: Introduced on February 3 2016 - 25% progression, died in committee
Action: 2016-04-22 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Contractor Prompt Payment Act. Provides that an owner may make payments on behalf of a contractor to subcontractors. Provides that, if an owner's lender requires the lender's approval before payment, the owner has an additional 25 days to obtain the approval. Provides that the Act is subject to the rights and obligations of the parties under the Mechanics Lien Act. Effective immediately.

Tracking Information

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Title

CONTRCTR PRMPT PAY APPROVAL

Sponsors


History

DateChamberAction
2016-04-22HouseRule 19(a) / Re-referred to Rules Committee
2016-04-15HouseHeld on Calendar Order of Second Reading - Short Debate
2016-04-15HouseSecond Reading - Short Debate
2016-04-08HouseAdded Chief Co-Sponsor Rep. La Shawn K. Ford
2016-04-05HousePlaced on Calendar 2nd Reading - Short Debate
2016-04-05HouseDo Pass / Short Debate Judiciary - Civil Committee; 007-004-000
2016-03-23HouseAssigned to Judiciary - Civil Committee
2016-02-05HouseReferred to Rules Committee
2016-02-05HouseFirst Reading
2016-02-03HouseFiled with the Clerk by Rep. André Thapedi

Code Citations

ChapterArticleSectionCitation TypeStatute Text
81560310Amended CodeCitation Text
81560315Amended CodeCitation Text
8156035Amended CodeCitation Text

Illinois State Sources


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