Date	Chamber	Action
1/9/2007	Senate	Session Sine Die

Statutes Amended In Order of Appearance

30 ILCS 550/1

from Ch. 29, par. 15

Synopsis As Introduced
Amends the Public Construction Bond Act. With respect to bonds securing contracts between the Capital Development Board or a public institution of higher education and a contractor, requires that within 15 days after notice to the surety that the principal is in default, the surety must (i) complete the work using a contractor selected jointly with the obligee or (ii) provide the obligee the amount needed to complete the work, in excess of the unpaid contract balance and up to the penal sum of the bond. Effective immediately.

Actions 

Date	Chamber	Action
2/25/2005	Senate	Filed with Secretary by Sen. Carol Ronen
2/25/2005	Senate	First Reading
2/25/2005	Senate	Referred to Rules
3/2/2005	Senate	Assigned to State Government
3/16/2005	Senate	Added as Co-Sponsor Sen. Pamela J. Althoff
3/17/2005	Senate	Do Pass State Government; 007-000-000
3/17/2005	Senate	Placed on Calendar Order of 2nd Reading April 6, 2005
4/11/2005	Senate	Second Reading
4/11/2005	Senate	Placed on Calendar Order of 3rd Reading April 12, 2005
4/14/2005	Senate	Third Reading - Passed; 057-001-000
4/14/2005	House	Arrived in House
4/14/2005	House	Placed on Calendar Order of First Reading
4/15/2005	House	Chief House Sponsor Rep. Kurt M. Granberg
4/15/2005	House	First Reading
4/15/2005	House	Referred to Rules Committee
4/20/2005	House	Assigned to Executive Committee
5/13/2005	House	Rule 19(a) / Re-referred to Rules Committee
1/9/2007	Senate	Session Sine Die

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