PUBLIC CONSTRUCTION-SURETY Senate SponsorsSen. Willie Preston 2/5/2026SenateReferred to Assignments 30 ILCS 550/1from Ch. 29, par. 15Amends 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). 2/5/2026SenateFiled with Secretary by Sen. Willie Preston 2/5/2026SenateFirst Reading 2/5/2026SenateReferred to Assignments