FINANCE--INTEREST PAYMENTS Senate SponsorsSen. Michael W. Frerichs House Sponsors(Rep. William B. Black-Jack D. Franks, Monique D. Davis, Ed Sullivan, Jr., Mike Bost, Mike Fortner, Sidney H. Mathias and Elizabeth Coulson) 10/29/2009SenateTotal Veto Stands 30 ILCS 540/3-2from Ch. 127, par. 132.403-2Amends the State Prompt Payment Act. Removes a provision that requires vendors to initiate a written request for the payment of an interest penalty that is at least $5 but less than $50. Removes a provision that authorizes the Department of Central Management Services and the State Comptroller to adopt rules establishing when interest penalties of less than $5 may be claimed and paid. Effective July 1, 2009. 2/18/2009SenateFiled with Secretary by Sen. Michael W. Frerichs 2/18/2009SenateFirst Reading 2/18/2009SenateReferred to Assignments 2/25/2009SenateAssigned to State Government and Veterans Affairs 3/6/2009SenateDo Pass State Government and Veterans Affairs; 009-000-000 3/6/2009SenatePlaced on Calendar Order of 2nd Reading March 10, 2009 3/24/2009SenateSecond Reading 3/24/2009SenatePlaced on Calendar Order of 3rd Reading March 25, 2009 3/26/2009SenateThird Reading - Passed; 057-000-000 3/26/2009HouseArrived in House 3/26/2009HousePlaced on Calendar Order of First Reading 3/26/2009HouseChief House Sponsor Rep. William B. Black 3/26/2009HouseFirst Reading 3/26/2009HouseReferred to Rules Committee 4/14/2009HouseAssigned to State Government Administration Committee 4/22/2009HouseDo Pass / Short Debate State Government Administration Committee; 014-000-000 4/22/2009HousePlaced on Calendar 2nd Reading - Short Debate 4/22/2009HouseAdded Alternate Chief Co-Sponsor Rep. Jack D. Franks 4/23/2009HouseSecond Reading - Short Debate 4/23/2009HousePlaced on Calendar Order of 3rd Reading - Short Debate 4/23/2009HouseAdded Alternate Co-Sponsor Rep. Monique D. Davis 4/28/2009HouseThird Reading - Short Debate - Passed 116-000-000 4/28/2009SenatePassed Both Houses 4/28/2009HouseAdded Alternate Co-Sponsor Rep. Ed Sullivan, Jr. 4/28/2009HouseAdded Alternate Co-Sponsor Rep. Mike Bost 4/28/2009HouseAdded Alternate Co-Sponsor Rep. Mike Fortner 4/28/2009HouseAdded Alternate Co-Sponsor Rep. Sidney H. Mathias 4/28/2009HouseAdded Alternate Co-Sponsor Rep. Elizabeth Coulson 5/27/2009SenateSent to the Governor 7/24/2009SenateGovernor Vetoed 10/14/2009SenatePlaced Calendar Total Veto October 15, 2009 10/14/2009SenateMotion Filed Override Governor Veto Sen. Michael W. Frerichs 10/29/2009SenateTotal Veto Stands