Date	Chamber	Action
1/13/2009	House	Session Sine Die

Statutes Amended In Order of Appearance

30 ILCS 540/3-1

from Ch. 127, par. 132.403-1

705 ILCS 505/24

from Ch. 37, par. 439.24

Synopsis As Introduced
Amends the State Prompt Payment Act and the Court of Claims Act. Provides that, in directing payment of a claim that is based on a vendor's bill or invoice for goods or services furnished to the State, the Court of Claims must direct the Comptroller to add an interest penalty. An interest penalty of 1% of the amount of the award shall be added for each month or fraction thereof after the sixtieth day after the receipt of the vendor's proper bill or invoice, until final payment is made. Provides that the interest penalty shall be added regardless of the amount of time between the receipt of the vendor's proper bill or invoice and the final payment because of the appropriation process, the consideration of the matter by the Court, or any other reason. Makes other changes conforming the State Prompt Payment Act to the Court of Claims Act. Effective immediately.

Actions 

Date	Chamber	Action
9/15/2008	House	Filed with the Clerk by Rep. Bill Mitchell
9/23/2008	House	First Reading
9/23/2008	House	Referred to Rules Committee
1/13/2009	House	Session Sine Die

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