Bill Title: If and only if House Bill 5412 of the 102nd General Assembly becomes law, amends the Department of Transportation Law of the Civil Administrative Code of Illinois. Creates the Bond Reform in the Construction Industry Task Force. Provides that the Task Force shall study innovative ways to reduce the cost of insurance in the private and public construction industry while protecting owners from risk of nonperformance. Provides that the Task Force shall report its findings and recommendations to the General Assembly no later than March 1, 2023. Amends the Illinois Wage Payment and Collection Act. Provides that for all contracts entered into on or after July 1, 2022, a primary contractor making or taking a contract in the State for the erection, construction, alteration, or repair of a building, structure, or other private work in the State where the aggregate costs of the project exceed $20,000 shall assume, and is liable for, any debt owed to a claimant by a subcontractor at any tier acting under, by, or for the primary contractor for the wage claimant's performance of labor included in the subject of the contract between the primary contractor and the owner. Removes language concerning debt owed to a third party incurred on a wage claimant's behalf. Provides that the following shall be exempt from liability: (i) primary contractors who are parties to a collective bargaining agreement on the project where the work is being performed; and (ii) primary contractors making or taking a contract in the State for the alteration or repair of an existing single-family dwelling or to a single residential unit in an existing multi-unit structure. Provides that claims shall be filed with the Department of Labor or filed with the circuit court within 3 years after the wages, final compensation, or wage supplements were due. Effective immediately or on the date House Bill 5412 of the 102nd General Assembly takes effect, whichever is later.

Spectrum: Partisan Bill (Democrat 6-0)

Status: (Passed) 2022-06-10 - Public Act . . . . . . . . . 102-1065 [HB4600 Detail]

Text: Latest bill text (Chaptered) [HTML]

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