Illinois SB 1980: PROMPT PAYMENT-CAP DEVELOP BD

Status: Rule 3-9(a) / Re-referred to Assignments (as of 2025-04-11)

State: Illinois · Session: 104th · Bill: SB 1980

Sponsors: Willie Preston

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104TH GENERAL ASSEMBLY 
State of Illinois 
2025 and 2026
SB1980

Introduced 2/6/2025, by Sen. Willie Preston 

SYNOPSIS AS INTRODUCED:

30 ILCS 540/7 from Ch. 127, par. 132.407

 Amends the State Prompt Payment Act. Provides that, for construction contracts with the Department of Transportation or the Capital Development Board (instead of the Department of Transportation only), the contractor, subcontractor, or material supplier, regardless of tier, shall not offset, decrease, or diminish payment or payments that are due to its subcontractors or material suppliers without reasonable cause. 

LRB104 10646 HLH 20723 b

A BILL FOR

SB1980LRB104 10646 HLH 20723 b

1 AN ACT concerning finance.

2 Be it enacted by the People of the State of Illinois, 

3represented in the General Assembly:

4 Section 5. The State Prompt Payment Act is amended by 

5changing Section 7 as follows:

6 (30 ILCS 540/7) (from Ch. 127, par. 132.407)

7 Sec. 7. Payments to subcontractors and material suppliers.

8 (a) When a State official or agency responsible for 

9administering a contract submits a voucher to the Comptroller 

10for payment to a contractor, that State official or agency 

11shall promptly make available electronically the voucher 

12number, the date of the voucher, and the amount of the voucher. 

13The State official or agency responsible for administering the 

14contract shall provide subcontractors and material suppliers, 

15known to the State official or agency, with instructions on 

16how to access the electronic information.

17 (a-5) When a contractor receives any payment, the 

18contractor shall pay each subcontractor and material supplier 

19electronically within 10 business days or 15 calendar days, 

20whichever occurs earlie

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