PUBLIC CONSTRUCTION BONDS House SponsorsRep. Kam Buckner 1/7/2025HouseSession Sine Die 30 ILCS 550/1from Ch. 29, par. 15 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". 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 1/7/2025HouseSession Sine Die