Date	Chamber	Action
1/8/2013	House	Session Sine Die

Statutes Amended In Order of Appearance

30 ILCS 550/3

Synopsis As Introduced
Amends the Public Construction Bond Act concerning a cash bond or other surety from a builder or developer. Allows a county or municipality to require a cash bond or other surety (instead of requiring the county or municipality to accept a letter of credit or other instrument issued by a financial institution). Eliminates a procedure allowing an engineer or architect to certify completion of a project and requiring the county or municipality to pay interest on any unrefunded bond beginning 60 days after written notification of completion. Eliminates the preemption of home rule powers. Effective immediately.

Actions 

Date	Chamber	Action
1/25/2011	House	Filed with the Clerk by Rep. Linda Chapa LaVia
1/25/2011	House	First Reading
1/25/2011	House	Referred to Rules Committee
2/8/2011	House	Assigned to Cities & Villages Committee
3/17/2011	House	Rule 19(a) / Re-referred to Rules Committee
1/8/2013	House	Session Sine Die

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