Illinois General Assembly - Bill Status for SB1472
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 Bill Status of SB1472  96th General Assembly


Short Description:  FINANCE--INTEREST PAYMENTS

Senate Sponsors
Sen. Michael W. Frerichs

House Sponsors
(Rep. William B. Black - Jack D. Franks, Monique D. Davis, Ed Sullivan, Jr., Mike Bost, Mike Fortner, Sidney H. Mathias and Elizabeth Coulson)

Last Action
DateChamber Action
  10/29/2009SenateTotal Veto Stands

Statutes Amended In Order of Appearance
30 ILCS 540/3-2from Ch. 127, par. 132.403-2


Synopsis As Introduced
Amends the State Prompt Payment Act. Removes a provision that requires vendors to initiate a written request for the payment of an interest penalty that is at least $5 but less than $50. Removes a provision that authorizes the Department of Central Management Services and the State Comptroller to adopt rules establishing when interest penalties of less than $5 may be claimed and paid. Effective July 1, 2009.

Actions 
DateChamber Action
  2/18/2009SenateFiled with Secretary by Sen. Michael W. Frerichs
  2/18/2009SenateFirst Reading
  2/18/2009SenateReferred to Assignments
  2/25/2009SenateAssigned to State Government and Veterans Affairs
  3/6/2009SenateDo Pass State Government and Veterans Affairs; 009-000-000
  3/6/2009SenatePlaced on Calendar Order of 2nd Reading March 10, 2009
  3/24/2009SenateSecond Reading
  3/24/2009SenatePlaced on Calendar Order of 3rd Reading March 25, 2009
  3/26/2009SenateThird Reading - Passed; 057-000-000
  3/26/2009HouseArrived in House
  3/26/2009HousePlaced on Calendar Order of First Reading
  3/26/2009HouseChief House Sponsor Rep. William B. Black
  3/26/2009HouseFirst Reading
  3/26/2009HouseReferred to Rules Committee
  4/14/2009HouseAssigned to State Government Administration Committee
  4/22/2009HouseDo Pass / Short Debate State Government Administration Committee; 014-000-000
  4/22/2009HousePlaced on Calendar 2nd Reading - Short Debate
  4/22/2009HouseAdded Alternate Chief Co-Sponsor Rep. Jack D. Franks
  4/23/2009HouseSecond Reading - Short Debate
  4/23/2009HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/23/2009HouseAdded Alternate Co-Sponsor Rep. Monique D. Davis
  4/28/2009HouseThird Reading - Short Debate - Passed 116-000-000
  4/28/2009SenatePassed Both Houses
  4/28/2009HouseAdded Alternate Co-Sponsor Rep. Ed Sullivan, Jr.
  4/28/2009HouseAdded Alternate Co-Sponsor Rep. Mike Bost
  4/28/2009HouseAdded Alternate Co-Sponsor Rep. Mike Fortner
  4/28/2009HouseAdded Alternate Co-Sponsor Rep. Sidney H. Mathias
  4/28/2009HouseAdded Alternate Co-Sponsor Rep. Elizabeth Coulson
  5/27/2009SenateSent to the Governor
  7/24/2009SenateGovernor Vetoed
  10/14/2009SenatePlaced Calendar Total Veto October 15, 2009
  10/14/2009SenateMotion Filed Override Governor Veto Sen. Michael W. Frerichs
  10/29/2009SenateTotal Veto Stands

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