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IL SB2494

Bill

Official Source

Status

Passed

8/20/2021

Primary Sponsor

Ram Villivalam

Click for details

Origin

Senate

102nd General Assembly

AI Summary

  • Amends the Mechanics Lien Act to extend the sunset date for changes made by Public Act 97-966 from December 31, 2021 to December 31, 2024

  • Maintains that no contract must specify a completion time or payment deadline to obtain a mechanics lien

  • Permits mechanics liens for residential property work or materials furnished within three years from commencement

  • Permits mechanics liens for non-residential property work or materials furnished within five years from commencement

  • Takes effect upon becoming law

Legislative Description

MECHANICS LIEN-COMPLETION TIME

Last Action

Public Act . . . . . . . . . 102-0563

8/20/2021

Committee Referrals

Judiciary - Civil5/5/2021
Rules5/4/2021
Judiciary3/23/2021
Assignments2/26/2021

Full Bill Text

No bill text available