PROMPT PAYMENT-ADVANCE PAYMENT Senate SponsorsSen. J. Bradley Burzynski House Sponsors(Rep. Robert W. Pritchard-Raymond Poe-Rich Brauer) 7/16/2010SenatePublic Act . . . . . . . . . 96-1085 30 ILCS 540/3-1from Ch. 127, par. 132.403-1Amends the State Prompt Payment Act. Makes a technical change concerning interest penalties.Senate Committee Amendment No. 1 Deletes reference to:30 ILCS 540/3-1Adds reference to:30 ILCS 540/3-2.5 newReplaces everything after the enacting clause. Amends the State Prompt Payment Act. Provides that if a vendor provides goods or services to an individual and requires that individual to pay all or part of the cost of the goods or services in advance of the vendor being paid for those goods or services by the State, then the amount of the individual's advance payment, and any interest under this Act attributable to the advance payment, that is paid by the State to the vendor is the property of the individual and, to the extent received by the vendor, must be promptly disbursed by the vendor to that individual. 2/10/2010SenateFiled with Secretary by Sen. J. Bradley Burzynski 2/10/2010SenateFirst Reading 2/10/2010SenateReferred to Assignments 2/24/2010SenateAssigned to State Government and Veterans Affairs 2/25/2010SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. J. Bradley Burzynski 2/25/2010SenateSenate Committee Amendment No. 1 Referred to Assignments 3/2/2010SenateSenate Committee Amendment No. 1 Assignments Refers to State Government and Veterans Affairs 3/4/2010SenateSenate Committee Amendment No. 1 Adopted 3/4/2010SenateDo Pass as Amended State Government and Veterans Affairs; 009-000-000 3/4/2010SenatePlaced on Calendar Order of 2nd Reading March 9, 2010 3/11/2010SenateSecond Reading 3/11/2010SenatePlaced on Calendar Order of 3rd Reading March 12, 2010 3/15/2010SenateThird Reading - Passed; 046-000-000 3/15/2010HouseArrived in House 3/16/2010HouseChief House Sponsor Rep. Robert W. Pritchard 3/16/2010HousePlaced on Calendar Order of First Reading 3/16/2010HouseFirst Reading 3/16/2010HouseReferred to Rules Committee 4/8/2010HouseAssigned to State Government Administration Committee 4/12/2010HouseAdded Alternate Chief Co-Sponsor Rep. Raymond Poe 4/12/2010HouseAdded Alternate Chief Co-Sponsor Rep. Rich Brauer 4/14/2010HouseDo Pass / Short Debate State Government Administration Committee; 016-000-000 4/14/2010HousePlaced on Calendar 2nd Reading - Short Debate 4/20/2010HouseSecond Reading - Short Debate 4/20/2010HousePlaced on Calendar Order of 3rd Reading - Short Debate 4/23/2010HouseThird Reading - Short Debate - Passed 110-000-000 4/23/2010SenatePassed Both Houses 5/21/2010SenateSent to the Governor 7/16/2010SenateGovernor Approved 7/16/2010SenateEffective Date January 1, 2011 7/16/2010SenatePublic Act . . . . . . . . . 96-1085