Illinois House Bill 6095 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 11 2010 - 25% progression, died in committee
Action: 2010-02-11 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Public Construction Bond Act concerning a cash bond or other surety from a builder or developer. Allows a county or municipality to require a cash bond or other surety (instead of the county or municipality being required to accept a letter of credit or other instrument issued by a financial institution). Eliminates a procedure whereby an engineer or architect may certify completion of a project and 60 days after notice the county or municipality must pay interest on any unrefunded bond. Eliminates the preemption of home rule powers. Effective immediately.

PUBLIC CONSTRUCTION BONDS

Rep. Linda LaVia [D]

Date	Chamber	Action
2010-02-11		Referred to Rules Committee
2010-02-11		First Reading
2010-02-11		Filed with the Clerk by Rep. Linda Chapa LaVia

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=6095&GAID=10&DocTypeID=HB&SessionID=76&GA=96
Text	https://www.ilga.gov/legislation/96/HB/09600HB6095.htm