Bill Title: Amends the Recorder Division of the Counties Code. Modifies how a county recorder determines if a lien is an expired lien under a county's demand and referral program by providing that a lien is expired if a suit to enforce the lien has not been commenced or a counterclaim has not been filed by the lienholder within 2 years after the completion date of the contract as specified in the recorded mechanics lien. Provides that the 2-year period shall be increased to the extent that an automatic stay under specified provisions of the United States Bankruptcy Code stays a suit or counterclaim to foreclose the lien or, if a work completion date is not specified in the recorded lien, then the work completion date is the date of recording of the mechanics lien. Effective immediately.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Passed) 2019-08-09 - Public Act . . . . . . . . . 101-0296
[SB0062 Detail]
Bill Drafts
| Revision | Date | Format | Source | View |
|---|
| Chaptered | 2019-08-12 | HTML/Text | Link | View |
| Enrolled | 2019-05-29 | HTML/Text | Link | View |
| Engrossed | 2019-03-06 | HTML/Text | Link | View |
| Introduced | 2019-01-16 | HTML/Text | Link | View |
Amendments
| Amendment | Date | Disposition | Format | Source | View |
|---|
| No bill amendments currently on file for Illinois SB0062 |
Supplemental Documents
| Title | Description | Date | Format | Source | View |
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| No supplemental documents for Illinois SB0062 currently on file. |
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