HB 5224

  • Illinois House Bill
  • 97th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Prompt Pay-Interest Penalty

Abstract

Amends the State Comptroller Act. Provides that State employee addresses shall not be listed on the State employee list maintained by the Comptroller. Amends the State Prompt Payment Act. In a provision requiring an interest penalty of 1.0% for each month or fraction thereof of any amount approved and unpaid within 90 days, changes "fraction thereof" to "00.0033% (1/30%) for each day". Effective immediately.

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Jan 08, 2013

House

Session Sine Die

Feb 08, 2012

House

Filed with the Clerk by Rep. Jim Watson

House

First Reading

House

Referred to Rules Committee

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