91st General Assembly
Summary of HB0504
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House Sponsors:
PANKAU-LANG-DURKIN AND O'BRIEN.

Short description: 
MECHANIC LIEN-CONSTRUCTN EQPMT                                             

Synopsis of Bill as introduced:
        Amends the Mechanics Lien Act.  Provides that  a  contractor  who      
   has a lien under  the Act includes a person who leases, as lessor, any      
   heavy  construction  equipment,  with  or without an operator, for use      
   about a parcel  of  land  or  a  structure  on  the  land.   Effective      
   immediately.                                                                
          FISCAL NOTE (Dept. of Labor)                                         
          There is no fiscal impact on the Department.                         
        HOUSE AMENDMENT NO. 1.                                                 
          Adds reference to:                                                   
          30 ILCS 550/1                   from Ch. 29, par. 15                 
          30 ILCS 550/2                   from Ch. 29, par. 16                 
          770 ILCS 60/21                  from Ch. 82, par. 21                 
        Deletes everything.  Amends the Public Construction Bond Act  and      
   the  Mechanics Lien Act. Provides that public construction bonds shall      
   be deemed to cover equipment, including rental equipment, furnished in      
   the performance of a contract. Provides that furnishing  of  machinery      
   under  the  Mechanics Lien Act includes furnishing of rented equipment      
   and roll-off boxes for debris. Effective immediately.                       
 
Last action on Bill: THIRD READING/SHORT DEBATE/LOST          036-075-006

   Last action date: 99-03-17

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


   END OF INQUIRY 



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