Comments: IL SB0133 | 2023-2024 | 103rd General Assembly
Bill Title: Amends the Public Construction Bond Act. Provides that a local governmental unit may not withhold retainage of more than 5% from any payment to a contractor who furnishes the bond or bond substitute required by the Act and that the contractor and its subcontractors may not withhold retainage of more than 5% from their subcontractors. Defines "local governmental unit". Effective Immediately.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced) 2023-05-11 - Rule 3-9(a) / Re-referred to Assignments [SB0133 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced) 2023-05-11 - Rule 3-9(a) / Re-referred to Assignments [SB0133 Detail]
Text: Latest bill text (Introduced) [HTML]
PolitiCorps Conversations
Start PolitiCorps DebateTitle | PolitiCorps | Access | Comments | Views | Last Post |
---|---|---|---|---|---|
There are no visible public or private PolitiCorps discussions concerning the 2023 Illinois SB0133 at this time. |