Bill Title: Amends the Contractor Prompt Payment Act. Provides that under a construction contract, it is unlawful to withhold more than 5% retainage on payments earned by contractors and subcontractors. Effective immediately.
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: (Introduced - Dead) 2011-04-06 - Third Reading - Short Debate - Lost 049-060-001
[HB1292 Detail]
Bill Drafts
| Revision | Date | Format | Source | View |
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| Engrossed | Not Avail | HTML/Text | Link | View |
| Introduced | Not Avail | HTML/Text | Link | View |
Amendments
| Amendment | Date | Disposition | Format | Source | View |
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| No bill amendments currently on file for Illinois HB1292 |
Supplemental Documents
| Title | Description | Date | Format | Source | View |
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| No supplemental documents for Illinois HB1292 currently on file. |
Social Comments on IL HB1292
