Date	Chamber	Action
1/9/2019	Senate	Session Sine Die

Statutes Amended In Order of Appearance

30 ILCS 540/3-2

Synopsis As Introduced
Amends the State Prompt Payment Act. Provides that for State fiscal year 2018 and future fiscal years, any bill approved for payment under provisions concerning late payment interest must be paid or the payment issued to the payee within 90 days of receipt of a proper bill or invoice. Provides that if payment is not issued to the payee within this 90-day period, an interest penalty of 0.3% (currently, 1%) of any amount approved and unpaid shall be added for each month, or 0.01% (currently, 0.033%) of any amount approved and unpaid for each day, after the end of this 90-day period, until final payment is made. Makes conforming changes.

Actions 

Date	Chamber	Action
4/27/2017	Senate	Filed with Secretary by Sen. Dan McConchie
4/27/2017	Senate	First Reading
4/27/2017	Senate	Referred to Assignments
4/28/2017	Senate	Added as Chief Co-Sponsor Sen. Kyle McCarter
5/2/2017	Senate	Rule 2-10 Committee Deadline Established As May 12, 2017
5/2/2017	Senate	Assigned to Executive
5/15/2017	Senate	Postponed - Executive
5/19/2017	Senate	Rule 3-9(a) / Re-referred to Assignments
1/9/2019	Senate	Session Sine Die

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