Comments: IL SB3052 | 2017-2018 | 100th General Assembly

Bill Title: Amends the Contractor Prompt Payment Act. Prohibits the withholding of a retainage from progress payments or final payments in excess of 5% of the payment. Effective immediately.

Spectrum: Strong Partisan Bill (Democrat 18-1)

Status: (Failed) 2018-11-28 - Total Veto Stands [SB3052 Detail]

Text: Latest bill text (Veto Message) [HTML]

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