Bill Status of HB 2482   103rd General Assembly


Short Description:  PUBLIC CONSTRUCTION BONDS

House Sponsors
Rep. Kam Buckner

Last Action  View All Actions

DateChamber Action
  3/10/2023HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
30 ILCS 550/1from Ch. 29, par. 15

Synopsis As Introduced
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 political subdivision of the State to create a self-insured risk pool for contracts of $5,000,000 or less. Defines "self insured risk pool".

Actions 
DateChamber Action
  2/15/2023HouseFiled with the Clerk by Rep. Kam Buckner
  2/15/2023HouseFirst Reading
  2/15/2023HouseReferred to Rules Committee
  2/28/2023HouseAssigned to State Government Administration Committee
  3/10/2023HouseRule 19(a) / Re-referred to Rules Committee
  3/10/2023HouseRule 19(a) / Re-referred to Rules Committee

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