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<xml>
<title>Illinois General Assembly - Bill Status for HB 344    </title>
<shortdesc>CONTRACTR PROMPT PAY-RETAINAGE</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Lou Lang</sponsors>
<sponsorhead2>Senate Sponsors</sponsorhead2><altsponsors>(Sen. Carole Pankau)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2011</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>815 ILCS 603/10</reference><aliasreference></aliasreference><SynopsisText>     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 must be reduced to an amount not to exceed 2.5%. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/26/2009</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Lou Lang</action>
<statusdate>1/27/2009</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/27/2009</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/4/2009</statusdate><chamber>House</chamber><action>Assigned to Judiciary I - Civil Law Committee</action>
<statusdate>2/10/2009</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Judiciary I - Civil Law Committee;  017-000-000</action>
<statusdate>2/10/2009</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>2/11/2009</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>2/11/2009</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>2/19/2009</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 112-001-000</action>
<statusdate>2/20/2009</statusdate><chamber>Senate</chamber><action>Arrive in Senate</action>
<statusdate>2/20/2009</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>2/20/2009</statusdate><chamber>Senate</chamber><action>Chief Senate Sponsor Sen. Carole Pankau</action>
<statusdate>2/20/2009</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/20/2009</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>5/6/2009</statusdate><chamber>Senate</chamber><action>Assigned to Executive</action>
<statusdate>5/8/2009</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As May 31, 2009</action>
<statusdate>5/8/2009</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading Deadline Established As May 31, 2009</action>
<statusdate>5/12/2009</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Filed with Secretary by Sen. Carole Pankau</action>
<statusdate>5/12/2009</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Referred to Assignments</action>
<statusdate>5/13/2009</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Assignments Refers to Executive</action>
<statusdate>5/13/2009</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Postponed - Executive</action>
<statusdate>5/13/2009</statusdate><chamber>Senate</chamber><action>Postponed - Executive</action>
<statusdate>5/15/2009</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 2 Filed with Secretary by Sen. Carole Pankau</action>
<statusdate>5/15/2009</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 2 Referred to Assignments</action>
<statusdate>5/17/2009</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 2 Assignments Refers to Executive</action>
<statusdate>8/15/2009</statusdate><chamber>Senate</chamber><action>Pursuant to Senate Rule 3-9(b) / Referred to Assignments</action>
<statusdate>8/15/2009</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Re-referred to Assignments;  Pursuant to Senate Rule 3-9(b).</action>
<statusdate>8/15/2009</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 2 Re-referred to Assignments;  Pursuant to Senate Rule 3-9(b).</action>
<statusdate>1/11/2011</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

