SB 226 Illinois Senate · 93rd Regular Session

ST PROMPT PAYMENT ACT-PENALTY

Summary

Amends the State Prompt Payment Act. Provides that if a State official or agency is late in payment of a vendor's bill or invoice for goods or services furnished to the State and the vendor is forced to borrow money to make up for the late payment from the State, in addition to any other payment the State is required to make to the vendor, the State must pay the vendor an amount equal to the vendor's debt service costs related to the money the vendor borrowed as a result of the late payment.

Bill status failed 3 of 5 stages cleared

Introduction

Apr 2003

Committee Review

May 2003

Senate Passage

Apr 2003

House Passage

Governor

Introduced Apr 3, 2003 Last action Jan 11, 2005

Floor votes · Senate Apr 3, 2003

How they voted

44–0

Passed · 1 other

Total votes 45

Apr 3, 2003

D Democratic25

25 Yea

100% Yea

R Republican20

19 Yea 1

95% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

May 2, 2003

Committee

Rule 19(a) / Re-referred to Rules Committee

lower

Apr 8, 2003

Committee

Assigned to Executive Committee

lower

Apr 4, 2003

Committee

Referred to Rules Committee

lower

Apr 3, 2003

Introduced

Arrived in House

lower

Apr 3, 2003

Senate · Passed

Senate Vote: pass (44-0-1)

senate

Mar 13, 2003

Upper · Passed

Do Pass as Amended State Government; 009-000-000

upper

Mar 12, 2003

Upper · Passed

Senate Committee Amendment No. 1 Adopted

upper

Mar 12, 2003

Upper · Passed

Senate Committee Amendment No. 1 Rules Refers to State Government

upper

Mar 11, 2003

Committee

Senate Committee Amendment No. 1 Referred to Rules

upper

Mar 11, 2003

Introduced

Senate Committee Amendment No. 1 Filed with Secretary by Sen. Dan Cronin

upper

Feb 26, 2003

Committee

Assigned to State Government

upper

Feb 5, 2003

Committee

Referred to Rules

upper

0 primary · 6 co-sponsors