Bill Sponsors: IL HB4769 | 2013-2014 | 98th General Assembly
Bill Title: Amends the Public Construction Bond Act. Provides that the surety on a bond shall be a company with a certificate of authority from the Department of Insurance specifically authorizing it to execute surety bonds and a financial strength rating of at least A as rated by A.M. Best or a similar rating agency. Effective immediately.
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: (Passed) 2014-08-22 - Public Act . . . . . . . . . 98-1018 [HB4769 Detail]
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: (Passed) 2014-08-22 - Public Act . . . . . . . . . 98-1018 [HB4769 Detail]
Text: Latest bill text (Chaptered) [HTML]
Sponsors
| Name | Type | Sponsorship | District | Financial | Encyclopedia | Biography |
|---|---|---|---|---|---|---|
| Representative Daniel Beiser [D] | Primary | Sponsored Bills | HD-111 | FollowTheMoney | Ballotpedia | VoteSmart |
| Representative John Cabello [R] | Cosponsor | Sponsored Bills | HD-090 | FollowTheMoney | Ballotpedia | VoteSmart |
| Senator William Haine [D] | Primary | Sponsored Bills | SD-056 | FollowTheMoney | Ballotpedia | VoteSmart |
