Illinois General Assembly - Bill Status for HB4920
Illinois General Assembly
  Home     Legislation & Laws     Senate     House     My Legislation     Site Map    

Previous General Assemblies

 Bill Status of HB4920  95th General Assembly

Short Description:  CONTRACTR PROMPT PAY-RETAINAGE

House Sponsors
Rep. Lou Lang - Renée Kosel

Senate Sponsors
(Sen. Michael Noland and Deanna Demuzio)

Last Action
DateChamber Action
  1/13/2009HouseSession 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, and that upon completion of 50% of the work under the contract, retainage may not exceed 2.5%. Effective immediately.

House Committee Amendment No. 1
Provides that upon completion of 50% of the work under the contract, retainage must be reduced to an amount not to exceed 2.5% (instead of providing that upon completion of 50% of the work under the contract, retainage may not exceed 2.5%).

 Fiscal Note, House Committee Amendment No. 1 (Department of Central Management Services)
 HB 4920 (H-AM 1) will have no fiscal impact on the Department of Central Management Services, as the Department does not have any such contracts.

Actions 
DateChamber Action
  2/13/2008HouseFiled with the Clerk by Rep. Lou Lang
  2/13/2008HouseFirst Reading
  2/13/2008HouseReferred to Rules Committee
  2/20/2008HouseAssigned to State Government Administration Committee
  2/27/2008HouseHouse Committee Amendment No. 1 Filed with Clerk by State Government Administration Committee
  2/27/2008HouseHouse Committee Amendment No. 1 Adopted in State Government Administration Committee; by Voice Vote
  2/27/2008HouseDo Pass as Amended / Short Debate State Government Administration Committee; 013-000-000
  2/28/2008HousePlaced on Calendar 2nd Reading - Short Debate
  3/4/2008HouseHouse Committee Amendment No. 1 Fiscal Note Filed as Amended
  3/13/2008HouseSecond Reading - Short Debate
  3/13/2008HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/18/2008HouseFinal Action Deadline Extended-9(b) May 9, 2008
  5/8/2008HouseAdded Chief Co-Sponsor Rep. Renée Kosel
  5/8/2008HouseThird Reading - Short Debate - Passed 106-003-000
  5/8/2008SenateArrive in Senate
  5/8/2008SenatePlaced on Calendar Order of First Reading May 13, 2008
  5/20/2008SenateChief Senate Sponsor Sen. Michael Noland
  5/21/2008SenateFirst Reading
  5/21/2008SenateReferred to Rules
  5/22/2008SenateAdded as Alternate Co-Sponsor Sen. Deanna Demuzio
  1/13/2009HouseSession Sine Die

Back To Top

Home | Legislation & Laws | House | Senate | My Legislation | Disclaimers | Email

  Legislative Information System logo This site is maintained for the Illinois General Assembly by the
Legislative Information System, 705 Stratton Building, Springfield, Illinois 62706
Contact ILGA Webmaster