IL HB4658 | 2013-2014 | 98th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
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.
Title
CONTRCTR PRMPT PAY APPROVAL
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2014-12-03 | House | Session Sine Die |
| 2014-03-28 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2014-03-27 | House | To Civil Process and Procedures Subcommittee |
| 2014-03-19 | House | Assigned to Judiciary |
| 2014-02-05 | House | Referred to Rules Committee |
| 2014-02-05 | House | First Reading |
| 2014-02-05 | House | Filed with the Clerk by Rep. Arthur Turner |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 815 | 603 | 10 | Amended Code | Citation Text |
| 815 | 603 | 15 | Amended Code | Citation Text |
| 815 | 603 | 5 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=4658&GAID=12&DocTypeID=HB&SessionID=85&GA=98 |
| Text | https://www.ilga.gov/legislation/98/HB/09800HB4658.htm |
