SB2450sam001 99TH GENERAL ASSEMBLY

Sen. Pamela J. Althoff

Filed: 3/4/2016

09900SB2450sam001 LRB099 17761 HEP 45776 a

AMENDMENT TO SENATE BILL 2450

AMENDMENT NO. ______. Amend Senate Bill 2450 by replacing everything after the enacting clause with the following:

"Section 5. The Mechanics Lien Act is amended by changing Section 6 as follows:

(770 ILCS 60/6) (from Ch. 82, par. 6)

Sec. 6. In no event shall it be necessary to fix or stipulate in any contract a time for the completion or a time for payment in order to obtain a lien under this act, provided, that the work is done or material furnished within three years from the commencement of said work or the commencement of furnishing said material in the case of work done or material furnished as to residential property; and within 5 years from the commencement of said work or the commencement of furnishing said material in the case of work done or material furnished as to any other type of property. The changes made by Public Act 97-966 are operative from January 1, 2013 through December 31, 2020. The changes made by this amendatory Act of the 97th General Assembly become inoperative 3 years after the effective date of this amendatory Act of the 97th General Assembly.

(Source: P.A. 97-966, eff. 1-1-13.)

Section 99. Effective date. This Act takes effect upon becoming law.".