CONTRACTR PROMPT PAY-RETAINAGE House SponsorsRep. Patrick J. Verschoore-Lou Lang-Thomas Holbrook, Thomas Morrison and Lisa M. Dugan 4/6/2011HouseThird Reading - Short Debate - Lost 049-060-001 815 ILCS 603/10 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 immediately.Judicial Note (Admin Office of the Illinois Courts) HB 1292 would neither increase nor decrease the number of judges needed in the State. Fiscal Note (Capital Development Board) There is no fiscal impact since the held retainage is eventually paid whether it begins at 10% or 5%. The loss is the leverage that the retainage provides to help assure quality. Fiscal Note (Dept. of Transportation) HB 1292 will have no fiscal impact on the Department of Transportation. State Mandates Fiscal Note (Dept. of Commerce & Economic Opportunity) HB 1292 does not create a State mandate. 2/8/2011HouseFiled with the Clerk by Rep. Lou Lang 2/9/2011HouseFirst Reading 2/9/2011HouseReferred to Rules Committee 2/14/2011HouseAssigned to Judiciary I - Civil Law Committee 2/23/2011HouseDo Pass / Short Debate Judiciary I - Civil Law Committee; 009-002-000 2/23/2011HousePlaced on Calendar 2nd Reading - Short Debate 2/24/2011HouseFiscal Note Requested by Rep. Chapin Rose 2/24/2011HouseState Mandates Fiscal Note Requested by Rep. Chapin Rose 2/24/2011HouseJudicial Note Requested by Rep. Chapin Rose 2/24/2011HouseSecond Reading - Short Debate 2/24/2011HouseHeld on Calendar Order of Second Reading - Short Debate 2/28/2011HouseJudicial Note Filed 3/1/2011HouseFiscal Note Filed 3/2/2011HouseFiscal Note Filed 3/2/2011HouseSecond Reading - Short Debate 3/2/2011HouseHeld on Calendar Order of Second Reading - Short Debate 3/8/2011HouseState Mandates Fiscal Note Filed 3/17/2011HouseAdded Co-Sponsor Rep. Thomas Morrison 3/17/2011HouseSecond Reading - Short Debate 3/17/2011HousePlaced on Calendar Order of 3rd Reading - Short Debate 3/23/2011HouseAdded Chief Co-Sponsor Rep. Patrick J. Verschoore 3/23/2011HouseChief Co-Sponsor Changed to Rep. Patrick J. Verschoore 3/29/2011HouseAdded Chief Co-Sponsor Rep. Thomas Holbrook 3/31/2011HouseAdded Co-Sponsor Rep. Lisa M. Dugan 4/6/2011HouseChief Sponsor Changed to Rep. Patrick J. Verschoore 4/6/2011HouseRemove Chief Co-Sponsor Rep. Patrick J. Verschoore 4/6/2011HouseAdded Chief Co-Sponsor Rep. Lou Lang 4/6/2011HouseThird Reading - Short Debate - Lost 049-060-001