Illinois General Assembly - Bill Status for HB4658
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 Bill Status of HB4658  98th General Assembly


Short Description:  CONTRCTR PRMPT PAY APPROVAL

House Sponsors
Rep. Arthur Turner

Last Action
DateChamber Action
  12/3/2014HouseSession Sine Die

Statutes Amended In Order of Appearance
815 ILCS 603/5
815 ILCS 603/10
815 ILCS 603/15


Synopsis As Introduced
Amends the Contractor Prompt Payment Act. Provides that an owner may make payments on behalf of a contractor to subcontractors. Provides that, if an owner's lender requires the lender's approval before payment, the owner has an additional 25 days to obtain the approval. Provides that the Act is subject to the rights and obligations of the parties under the Mechanics Lien Act. Effective immediately.

Actions 
DateChamber Action
  2/5/2014HouseFiled with the Clerk by Rep. Arthur Turner
  2/5/2014HouseFirst Reading
  2/5/2014HouseReferred to Rules Committee
  3/19/2014HouseAssigned to Judiciary
  3/27/2014HouseTo Civil Process and Procedures Subcommittee
  3/28/2014HouseRule 19(a) / Re-referred to Rules Committee
  12/3/2014HouseSession Sine Die

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