<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 4658         </title>
<shortdesc>CONTRCTR PRMPT PAY APPROVAL</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Arthur Turner</sponsors>
</sponsor>
<lastaction>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>815 ILCS 603/5</reference><aliasreference></aliasreference><reference>815 ILCS 603/10</reference><aliasreference></aliasreference><reference>815 ILCS 603/15</reference><aliasreference></aliasreference><SynopsisText>     Amends the Contractor Prompt Payment Act. Provides that an owner may make payments on behalf of a contractor to subcontractors. Provides that, if an owner's lender requires the lender's approval before payment, the owner has an additional 25 days to obtain the approval. Provides that the Act is subject to the rights and obligations of the parties under the Mechanics Lien Act. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/5/2014</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Arthur Turner</action>
<statusdate>2/5/2014</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/5/2014</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/19/2014</statusdate><chamber>House</chamber><action>Assigned to Judiciary</action>
<statusdate>3/27/2014</statusdate><chamber>House</chamber><action>To Civil Process and Procedures Subcommittee</action>
<statusdate>3/28/2014</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

