Topic:
The Mechanics Lien Act
(Althoff, R-McHenry) amends the Mechanics Lien Act. Current law requires work to be done or materials furnished to obtain a lien within three years for residential property and five years for any other kind of property. This part of the Act sunsetted January 1, 2016, and the limitation then reverts to three years for any kind of property at that time. Senate Bill 2450 re-extends the sunset for five years from the date that this bill would be signed into law. Referred to the Senate Committee on Assignments.