| Date | Chamber | Action |
| 1/9/2007 | House | Session Sine Die |
| 30 ILCS 540/1 | from Ch. 127, par. 132.401 |
| 30 ILCS 540/3-2 | from Ch. 127, par. 132.403-2 |
| Fiscal Note (Capital Development Board) | |
| The Capital Development Board averaged around $60,000 in prompt payment interest om 2004 and 2005. Small businesses are defined by CMS (based on sales volume) account for 30% of CDB's activity. Assuming that CMS's definition and this act's definition account for approximately the same population of vendors, CDB's prompt payment interest might triple to about $240,000 per year if bond sales continue in the same patterns. |
| Date | Chamber | Action | 2/16/2005 | House | Filed with the Clerk by Rep. Ruth Munson | 2/17/2005 | House | First Reading | 2/17/2005 | House | Referred to Rules Committee | 2/18/2005 | House | Added Chief Co-Sponsor Rep. JoAnn D. Osmond | 2/18/2005 | House | Assigned to State Government Administration Committee | 3/2/2005 | House | Fiscal Note Filed | 3/2/2005 | House | Motion to Suspend Rule 25 - Prevailed | 3/9/2005 | House | Do Pass / Short Debate State Government Administration Committee; 009-000-000 | 3/10/2005 | House | Placed on Calendar 2nd Reading - Short Debate | 3/15/2005 | House | Fiscal Note Requested by Rep. William Davis | 3/17/2005 | House | Added Co-Sponsor Rep. Linda Chapa LaVia | 4/6/2005 | House | Added Chief Co-Sponsor Rep. Aaron Schock | 4/8/2005 | House | Second Reading - Short Debate | 4/8/2005 | House | Held on Calendar Order of Second Reading - Short Debate | 4/11/2005 | House | Balanced Budget Note Requested by Rep. Brandon W. Phelps | 4/12/2005 | House | State Mandates Fiscal Note Requested by Rep. Brandon W. Phelps | 4/15/2005 | House | Rule 19(a) / Re-referred to Rules Committee | 1/9/2007 | House | Session Sine Die |