Illinois General Assembly - Bill Status for HB 5260

Amends the State Prompt Payment Act to provide that notification to a vendor that a bill or invoice contains a defect must be given not later than 45 days after the bill was first submitted or not later than 30 days after the receipt of the goods or services, whichever is later. Sets forth that if the State official or agency whose approval is required for any invoice fails to approve or disapprove that invoice within this notification period, the interest for late payment of that invoice shall be computed from the date 60 days after the receipt of that invoice or the date 60 days after the goods or services are received, whichever is later. Provides that if the State fails to pay any invoice within 30 days of approval or fails to approve or disapprove the invoice within the period at which interest may accrue, plus an additional 30 days, the contractor and subcontractors not paid may suspend performance under the construction contract or subcontracts without penalty, until the overdue payment or payments are made. Authorizes contractors, subcontractors, and material suppliers to recover the interest payable under this Act in any action pursuant to Section 23 of the Mechanics Lien Act or pursuant to the Public Construction Bond Act.

Deletes everything after the enacting clause. Requires the notice of a defect for construction related bills or invoices to be given not later than 30 days after the bill or invoice was first submitted or not later than 30 days after the receipt of the goods or services, whichever is later.

Deletes everything after the enacting clause. Amends the State Prompt Payment Act to require that the notice of defect for construction related bills or invoices must be given not later than 30 days after the bill or invoice was first submitted (instead of within that period or not later than 30 days after the receipt of the goods or services, whichever is later). Sets forth that if one or more items on a construction related bill or invoice are disapproved, but not the entire bill or invoice, then the portion that is not disapproved shall be paid. Provides that certain payments to subcontractors and material suppliers shall include interest received under the Act. Amends the Local Government Prompt Payment Act. In a Section requiring the appropriate official or agency receiving goods or services to approve or disapprove a bill from a vendor or contractor within certain time periods, sets forth that if one or more items on a construction related bill or invoice are disapproved, but not the entire bill or invoice, then the portion that is not disapproved shall be paid. Requires that certain interest payments to contractors to whom payment has been delayed shall be disbursed to subcontractors and material suppliers to whom payment has been delayed, on a pro rata basis. Effective July 1, 2007.

Date	Chamber	Action
6/30/2006	House	Public Act . . . . . . . . . 94-0972

Date	Chamber	Action
1/25/2006	House	Filed with the Clerk by Rep. Jim Durkin
1/25/2006	House	Chief Co-Sponsor Rep. Joseph M. Lyons
1/25/2006	House	Chief Co-Sponsor Rep. Annazette Collins
1/25/2006	House	First Reading
1/25/2006	House	Referred to Rules Committee
1/30/2006	House	Added Co-Sponsor Rep. Angelo Saviano
1/31/2006	House	Assigned to State Government Administration Committee
2/8/2006	House	Added Chief Co-Sponsor Rep. John E. Bradley
2/15/2006	House	House Amendment No. 1 Filed with Clerk by State Government Administration Committee
2/15/2006	House	House Amendment No. 1 Adopted in State Government Administration Committee; by Voice Vote
2/15/2006	House	Do Pass as Amended / Short Debate State Government Administration Committee; 008-000-000
2/15/2006	House	Placed on Calendar 2nd Reading - Short Debate
2/16/2006	House	Second Reading - Short Debate
2/16/2006	House	Placed on Calendar Order of 3rd Reading - Short Debate
2/21/2006	House	Added Co-Sponsor Rep. Jim Sacia
2/21/2006	House	Added Co-Sponsor Rep. Patricia R. Bellock
2/21/2006	House	Added Co-Sponsor Rep. Donald L. Moffitt
2/21/2006	House	Third Reading - Short Debate - Passed 113-000-000
2/22/2006	Senate	Arrive in Senate
2/22/2006	Senate	Placed on Calendar Order of First Reading
2/22/2006	Senate	Chief Senate Sponsor Sen. Terry Link
2/22/2006	Senate	First Reading
2/22/2006	Senate	Referred to Rules
2/24/2006	Senate	Added as Alternate Chief Co-Sponsor Sen. Pamela J. Althoff
3/8/2006	Senate	Assigned to State Government
3/9/2006	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Terry Link
3/9/2006	Senate	Senate Committee Amendment No. 1 Referred to Rules
3/14/2006	Senate	Senate Committee Amendment No. 1 Rules Refers to State Government
3/15/2006	Senate	Senate Committee Amendment No. 1 Adopted
3/16/2006	Senate	Do Pass as Amended State Government; 005-000-000
3/16/2006	Senate	Placed on Calendar Order of 2nd Reading March 22, 2006
3/27/2006	Senate	Second Reading
3/27/2006	Senate	Placed on Calendar Order of 3rd Reading March 28, 2006
3/28/2006	Senate	Third Reading - Passed; 057-000-000
3/28/2006	House	Arrived in House
3/28/2006	House	Placed on Calendar Order of Concurrence Senate Amendment(s) 1
3/30/2006	House	Senate Committee Amendment No. 1 Motion Filed Concur Rep. Jim Durkin
3/30/2006	House	Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee
4/3/2006	House	Senate Committee Amendment No. 1 Motion to Concur Rules Referred to State Government Administration Committee
4/4/2006	House	Senate Committee Amendment No. 1 Motion to Concur Recommends be Adopted State Government Administration Committee; 006-000-000
4/5/2006	House	Senate Committee Amendment No. 1 House Concurs 112-000-000
4/5/2006	House	Passed Both Houses
5/4/2006	House	Sent to the Governor
6/30/2006	House	Governor Approved
6/30/2006	House	Effective Date July 1, 2007
6/30/2006	House	Public Act . . . . . . . . . 94-0972

	Adds reference to:
	30 ILCS 540/3-2	from Ch. 127, par. 132.403-2

	Deletes reference to:
	30 ILCS 540/3-5 new