HB 4981 Illinois House · 99th Regular Session

PROMPT PAYMENT-INTEREST

Summary

Amends the State Prompt Payment Act. Provides that, for bills paid on or after the effective date, the interest penalty shall be 0.75% per month (currently, 1% per month). Effective immediately.

Bill status failed 1 of 4 stages cleared

Introduction

Feb 2016

Committee Review

Floor Vote

Governor

Introduced Feb 5, 2016 Last action Jan 10, 2017

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Jan 10, 2017

House · Failed

Session Sine Die

Apr 8, 2016

House · Referred to committee

House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee

Apr 8, 2016

House · Referred to committee

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

Apr 5, 2016

House · Reported by committee

House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee

Apr 4, 2016

House · Referred to committee

House Committee Amendment No. 1 Referred to Rules Committee

Apr 4, 2016

House · Amendment offered

House Committee Amendment No. 1 Filed with Clerk by Rep. David Harris

Mar 29, 2016

House · Reported by committee

To Finance Subcommittee

Mar 23, 2016

House · Referred to committee

Assigned to Revenue & Finance Committee

Feb 8, 2016

House · Referred to committee

Referred to Rules Committee

0 primary · 1 co-sponsor