SB3760 - 104th General Assembly (2025-2026)

PUBLIC CONSTRUCTION-SURETY
Last Action
2/05/2026 - Senate: Referred to Assignments
Senate Sponsors
Sen. Willie Preston
Statutes Amended In Order of Appearance
30 ILCS 550/1  from Ch. 29, par. 15
Synopsis As Introduced
Amends the Public Construction Bond Act. Provides that the Department of Transportation and the Illinois State Toll Highway Authority shall require every contractor for public works to furnish, supply, and deliver a bond if the public works contract will cost more than $10,000,000 (currently, $500,000). Provides that local governmental units shall require a bond for public works projects costing over $5,000,000 (currently, $150,000) and may require a bond for public works projects valued at $5,000,000 or less (currently, $150,000 or less). Provides that certain bonding requirements apply until January 1, 2034 (currently, January 1, 2029).
Actions
DateChamberAction
2/05/2026SenateFiled with Secretary by Sen. Willie Preston
2/05/2026SenateFirst Reading
2/05/2026SenateReferred to Assignments