Illinois General Assembly - Bill Status for HB1224
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 Bill Status of HB1224  104th General Assembly

Short Description:  GOVT CONTRACT RETAINAGE

House Sponsors
Rep. William "Will" Davis - Nicholas K. Smith, Dagmara Avelar, Diane Blair-Sherlock, Harry Benton, Rita Mayfield, Matt Hanson and Martin McLaughlin

Hearings
State Government Administration Committee Hearing Mar 26 2025 2:00PM Capitol Building 118 and Virtual Room 2 Springfield, IL - House Floor Amendment 1 - House Floor Amendment 2


Last Action
DateChamber Action
  2/20/2025HousePlaced on Calendar 2nd Reading - Short Debate

Statutes Amended In Order of Appearance
New Act
30 ILCS 540/1from Ch. 127, par. 132.401


Synopsis As Introduced
Creates the State Agency Retainage Act. Provides that, if a State agency determines that satisfactory progress has not been achieved by a contractor or subcontractor during any period for which a payment is to be made, a percentage of the payment may be retained by the State agency. Prohibits the amount of retainage under the Act from exceeding 10% of the amount of any and all draw amounts submitted and approved under the terms of the contract until the contract is 50% completed. Prohibits retainage of more than 5% of the contract of the amount of any and all draw amounts submitted and approved under the terms of the contract for the duration of the contract. Authorizes retainage to be adjusted as the contract approaches completion to recognize better than expected performance, the ability to rely on alternative safeguards, and other factors. Further provides that on completion of all contract requirements, amounts retained under the Act must be paid promptly. Defines the terms "retainage" and "State agency". Amends the State Prompt Payment Act. Specifies that the State Prompt Payment Act does not apply to retainage withheld under the State Agency Retainage Act.

Actions 
DateChamber Action
  1/9/2025HouseFiled with the Clerk by Rep. William "Will" Davis
  1/9/2025HouseFirst Reading
  1/9/2025HouseReferred to Rules Committee
  1/28/2025HouseAdded Co-Sponsor Rep. Dagmara Avelar
  1/29/2025HouseAdded Co-Sponsor Rep. Diane Blair-Sherlock
  2/6/2025HouseAdded Co-Sponsor Rep. Harry Benton
  2/11/2025HouseAssigned to State Government Administration Committee
  2/19/2025HouseAdded Co-Sponsor Rep. Rita Mayfield
  2/19/2025HouseDo Pass / Short Debate State Government Administration Committee; 009-000-000
  2/20/2025HousePlaced on Calendar 2nd Reading - Short Debate
  2/26/2025HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. William "Will" Davis
  2/26/2025HouseHouse Floor Amendment No. 1 Referred to Rules Committee
  3/4/2025HouseHouse Floor Amendment No. 1 Rules Refers to State Government Administration Committee
  3/7/2025HouseAdded Co-Sponsor Rep. Matt Hanson
  3/14/2025HouseAdded Co-Sponsor Rep. Martin McLaughlin
  3/19/2025HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. William "Will" Davis
  3/19/2025HouseHouse Floor Amendment No. 2 Referred to Rules Committee
  3/19/2025HouseAdded Chief Co-Sponsor Rep. Nicholas K. Smith
  3/20/2025HouseHouse Floor Amendment No. 2 Rules Refers to State Government Administration Committee

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