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IL SB2450

Bill

Official Source

Status

Passed

8/19/2016

Primary Sponsor

Pamela Althoff

Click for details

Origin

Senate

99th General Assembly

AI Summary

SB2450 Summary

  • Amends the Mechanics Lien Act to modify time periods for filing liens on different property types
  • Establishes a 3-year period from commencement of work or furnishing of materials for residential property liens
  • Establishes a 5-year period from commencement of work or furnishing of materials for all other property types
  • Extends the operative period for changes made by Public Act 97-966 from January 1, 2013 through December 31, 2020
  • Takes effect upon becoming law

Legislative Description

MECHANICS LIEN-TIME PERIODS

Last Action

Public Act . . . . . . . . . 99-0852

8/19/2016

Committee Referrals

Judiciary - Civil5/23/2016
Rules4/20/2016
Judiciary2/17/2016
Assignments2/9/2016

Full Bill Text

No bill text available