Illinois Code | Chapter 30 Article 550 Section 1

Type

Status

State	Bill	Status	Summary/Title	Last Action
IL	SB0133	Intro 25%	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... [Detail][Text][Discuss]	2023-05-11 To Senate Assignments Committee
IL	SB0157	Intro 25%	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 po... [Detail][Text][Discuss]	2023-04-17 To Senate Assignments Committee
IL	HB2482	Intro 25%	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 po... [Detail][Text][Discuss]	2023-03-10 To House Rules Committee