IL SB0157 | 2023-2024 | 103rd General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 7-0)
Status: Failed on January 7 2025 - 100% progression
Action: 2025-01-07 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 7-0)
Status: Failed on January 7 2025 - 100% progression
Action: 2025-01-07 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Public Construction Bond Act. Provides that public construction bonds are required only for those public work construction contracts that are valued over $5,000,000. Authorizes any official, board, commission, agent of the State, or any political subdivision of the State to create a self-insured risk pool for contracts of $5,000,000 or less. Defines "self insured risk pool".
Title
PUBLIC CONSTRUCTION BONDS
Sponsors
| Sen. Ram Villivalam [D] | Sen. Robert Peters [D] | Sen. Laura Fine [D] | Sen. Mattie Hunter [D] |
| Sen. Napoleon Harris [D] | Sen. Kimberly Lightford [D] | Sen. Cristina Castro [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-07 | Senate | Session Sine Die |
| 2023-04-17 | Senate | Added as Co-Sponsor Sen. Cristina Castro |
| 2023-03-31 | Senate | Rule 3-9(a) / Re-referred to Assignments |
| 2023-03-23 | Senate | Rule 2-10 Committee Deadline Established As March 31, 2023 |
| 2023-03-10 | Senate | Rule 2-10 Committee Deadline Established As March 24, 2023 |
| 2023-03-09 | Senate | Postponed - Executive |
| 2023-02-23 | Senate | Added as Co-Sponsor Sen. Kimberly A. Lightford |
| 2023-02-22 | Senate | Added as Co-Sponsor Sen. Napoleon Harris, III |
| 2023-02-22 | Senate | Added as Co-Sponsor Sen. Mattie Hunter |
| 2023-02-15 | Senate | Added as Co-Sponsor Sen. Laura Fine |
| 2023-02-08 | Senate | Added as Co-Sponsor Sen. Robert Peters |
| 2023-01-31 | Senate | Assigned to Executive |
| 2023-01-31 | Senate | Referred to Assignments |
| 2023-01-31 | Senate | First Reading |
| 2023-01-31 | Senate | Filed with Secretary by Sen. Ram Villivalam |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 30 | 550 | 1 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=157&GAID=17&DocTypeID=SB&SessionID=112&GA=103 |
| Text | https://www.ilga.gov/legislation/103/SB/10300SB0157.htm |
