PROMPT PAY-INTEREST PENALTY Senate SponsorsSen. James F. Clayborne, Jr. House Sponsors(Rep. Jim Watson) 1/8/2013SenateSession Sine Die 15 ILCS 405/20from Ch. 15, par. 22030 ILCS 540/3-2Amends 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. 2/7/2012SenateFiled with Secretary by Sen. James F. Clayborne, Jr. 2/7/2012SenateFirst Reading 2/7/2012SenateReferred to Assignments 2/17/2012SenateAssigned to State Government and Veterans Affairs 2/24/2012SenateDo Pass State Government and Veterans Affairs; 009-000-000 2/24/2012SenatePlaced on Calendar Order of 2nd Reading February 27, 2012 3/28/2012SenateSecond Reading 3/28/2012SenatePlaced on Calendar Order of 3rd Reading March 29, 2012 3/29/2012SenateThird Reading - Passed; 054-000-000 3/29/2012HouseArrived in House 3/29/2012HouseChief House Sponsor Rep. Jim Watson 3/29/2012HousePlaced on Calendar Order of First Reading 3/29/2012HouseFirst Reading 3/29/2012HouseReferred to Rules Committee 1/8/2013SenateSession Sine Die