Illinois General Assembly - Bill Status for SB0157
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 Bill Status of SB0157  103rd General Assembly


Short Description:  PUBLIC CONSTRUCTION BONDS

Senate Sponsors
Sen. Ram Villivalam, Robert Peters, Laura Fine, Mattie Hunter, Napoleon Harris, III, Kimberly A. Lightford and Cristina Castro

Last Action
DateChamber Action
  3/31/2023SenateRule 3-9(a) / Re-referred to Assignments

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
  1/31/2023SenateFiled with Secretary by Sen. Ram Villivalam
  1/31/2023SenateFirst Reading
  1/31/2023SenateReferred to Assignments
  1/31/2023SenateAssigned to Executive
  2/8/2023SenateAdded as Co-Sponsor Sen. Robert Peters
  2/15/2023SenateAdded as Co-Sponsor Sen. Laura Fine
  2/22/2023SenateAdded as Co-Sponsor Sen. Mattie Hunter
  2/22/2023SenateAdded as Co-Sponsor Sen. Napoleon Harris, III
  2/23/2023SenateAdded as Co-Sponsor Sen. Kimberly A. Lightford
  3/9/2023SenatePostponed - Executive
  3/10/2023SenateRule 2-10 Committee Deadline Established As March 24, 2023
  3/23/2023SenateRule 2-10 Committee Deadline Established As March 31, 2023
  3/31/2023SenateRule 3-9(a) / Re-referred to Assignments
  4/17/2023SenateAdded as Co-Sponsor Sen. Cristina Castro

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