Bill Title: Amends the Illinois Procurement Code. Provides that contracts for bond underwriting services entered into by the Illinois State Toll Highway Authority in connection with the competitive bid or negotiated sale of bonds in which the State is not obligated. Provides that such contracts shall be awarded through a competitive process authorized by the members of the Illinois State Toll Highway Authority and are subject to specified provisions of the Code as well as the final approval by the members of the Illinois State Toll Highway Authority of the terms of the contract.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-05-25 - Rule 2-10 Committee/3rd Reading Deadline Established As May 26, 2024 [SB3907 Detail]

Text: Latest bill text (Introduced) [HTML]

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