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IL SB3792

Bill

Official Source

Status

Passed

8/15/2012

Primary Sponsor

Pamela Althoff

Click for details

Origin

Senate

97th General Assembly

AI Summary

  • Amends the Mechanics Lien Act to establish different lien time periods based on property type: 3 years for residential property and 5 years for all other property types, measured from commencement of work or material furnishing.

  • Eliminates the requirement to specify completion or payment deadlines in contracts to obtain a mechanics lien.

  • The amended lien time periods are set to become inoperative 3 years after the effective date of this Act.

Legislative Description

MECHANICS LIEN-TIME PERIODS

Last Action

Public Act . . . . . . . . . 97-0966

8/15/2012

Committee Referrals

Judiciary I - Civil Law4/16/2012
Rules4/10/2012
Judiciary2/24/2012
Assignments2/10/2012

Full Bill Text

No bill text available