Illinois General Assembly - Bill Status for SB1474

Amends the State Prompt Payment Act. Defines "qualified provider" as (i) an organization that provides non-residential services for the elderly or for the prevention, intervention, or treatment of mental illness, developmental disabilities, or alcoholism or substance abuse or (ii) an entity licensed under the Community-Integrated Living Arrangements Licensure and Certification Act; but does not include a licensed hospital. Provides that a properly prepared voucher request to the Office of the Comptroller for payment to a qualified provider shall be given priority by the Comptroller for processing and warrant issuance after debt service obligations and payroll obligations of the State have been met unless the Comptroller deems that other obligations of the State must be satisfied prior to these categories of payment. Provides that, if at any time the Comptroller determines that there are insufficient funds available to process priority payments, then vouchers shall be processed and paid out in a first-in, first-out manner as corresponding funds become available. Effective immediately.

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