Illinois General Assembly - Bill Status for SB1395
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 Bill Status of SB1395  99th General Assembly


Short Description:  CONTRACTR PROMPT PAY-RETAINAGE

Senate Sponsors
Sen. Wm. Sam McCann

Last Action
DateChamber Action
  1/10/2017SenateSession Sine Die

Statutes Amended In Order of Appearance
815 ILCS 603/10


Synopsis As Introduced
Amends the Contractor Prompt Payment Act. Provides that under a construction contract, it is unlawful to withhold more than 5% retainage on payments earned by contractors and subcontractors. Effective January 1, 2016.

Actions 
DateChamber Action
  2/20/2015SenateFiled with Secretary by Sen. Wm. Sam McCann
  2/20/2015SenateFirst Reading
  2/20/2015SenateReferred to Assignments
  3/3/2015SenateAssigned to Labor
  3/27/2015SenateRule 2-10 Committee Deadline Established As April 24, 2015
  4/24/2015SenateRule 3-9(a) / Re-referred to Assignments
  1/10/2017SenateSession Sine Die

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