Join us at the FWC Lobby Day, including a State Agency Retainage Act Press Conference and Reception with Legislators on Tuesday, January 29, 2025, from 12 PM to 6:30 PM, to advocate for fair retainage and payment practices.

HB1224/SB74 “Building Fair Payments, Breaking Cash Flow Barriers”

House Bill 1224 introduces the State Agency Retainage Act, standardizing how payments are withheld on state-funded construction projects. Small contractors face cash flow issues with extended retainage, while large firms grapple with financial risks and administrative burdens. HB1224 will strengthen contractors' financial performance and scalability for more contracts.

Take Action:

• Contact your Legislator to share how late payments affect your business.
• Register for Lobby Day here.
• Visit the OnlyRetainforaReason website.
• Send a written or video telling us your story to info@fwcchicago.com.

Let’s work together to get contractors of every size paid faster!

Agenda:
12 pm – Meet at the Illinois State Capitol, Rotunda, 401 S 2nd St, Springfield, IL 62701
1 – 3 pm – Meetings with Legislators, Speaker, Governor's Office
3 pm – Retainage Press Conference
4:30 pm – Reception with Legislators
6:30 pm – Conclude Lobby Day

Read about the Retention Reform Coalition here!