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Support HB 566: Improve the Mold Lien Law
Greetings,
The Illinois Senate is expected to vote very soon on
legislation that will give molders special business
protections that they need. As you know, traditional
business practice forces molders to ship products to their
customers before they have received payment for the work.
Molders also have the burden of storing and maintaining
customer's molds —at great expense— even after the
equipment has been abandoned or hasn't been run in years.
Because current law is not protective enough for molders in
these circumstances, many molders are out hundreds of thousands
of dollars in unpaid debt with little recourse but costly
litigation.
A remedy to these problems is close at hand. House Bill
566, introduced by Rep. Kathleen Ryg (D-Des Plaines), would
amend the Tool and Die Lien Act to allow toolmakers to place a
lien on all special tools produced and on all proceeds from the
assignment, sale, transfer, exchange, or other disposition of
the special tools until the toolmaker is paid in
full.
Send a letter to the following decision maker(s):
Your State Senator (if you live in Illinois)
Below is the sample letter:
Subject: HB 566 - Tool and Die Lien Act
Dear [decision maker name automatically inserted here],
I write to ask for your support of House Bill 566 introduced by Rep. Kathleen Ryg. HB 566 amends the Tool and Die Lien Act to allow toolmakers to place a lien on all special tools produced and on all proceeds from the assignment, sale, transfer, exchange, or other disposition of the special tools until the toolmaker is paid in full. HB 566 also provides remedies for a toolmaker who is not paid for a special tool and sets out second notice requirements that must be met before a toolmaker may sell a special tool.
As an Illinois toolmaker, the bill will give my company and others needed business protections. Traditional business practice forces toolmakers to ship products for our customers before receiving payment for the work. The current Tool and Die Lien Act doesn't go far enough, and leaves toolmakers out to dry with hundreds of dollars of unpaid debt with little recourse except litigation to recover costs from our customers.
The bill was overwhelmingly passed by the House and is currently in the Senate Rules Committee. The livelihood of my company and its future depends on this bill being passed in its current form. I hope I can count on your vote to move this bill through the Senate. Thank you for your consideration of this very important issue for all toolmakers in Illinois. Please feel free to contact me if you have any questions.
Sincerely,
[Your Name]
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