<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 5224   </title>
<shortdesc>PROMPT PAY-INTEREST PENALTY</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Jim Watson</sponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>15 ILCS 405/20</reference><aliasreference>from Ch. 15, par. 220</aliasreference><reference>30 ILCS 540/3-2</reference><aliasreference></aliasreference><SynopsisText>     Amends the State Comptroller Act. Provides that State employee addresses shall not be listed on the State employee list maintained by the Comptroller. Amends the State Prompt Payment Act. In a provision requiring an interest penalty of 1.0% for each month or fraction thereof of any amount approved and unpaid within 90 days, changes "fraction thereof" to "00.0033% (1/30%) for each day". Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/8/2012</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Jim Watson</action>
<statusdate>2/8/2012</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/8/2012</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

