IDOT-PUBLIC CONSTRUCTION BOND
Summary
Amends the Public Construction Bond Act. Provides that the Department of Transportation may implement a 5-year pilot program to allow a contractor to provide a non-diminishing irrevocable bank letter of credit in lieu of specified bond requirements on contracts under $500,000. Provides that projects selected by the Department of Transportation for the pilot program must be classified by the Department as low-risk scope of work contracts. Provides for the adoption of rules concerning the criteria for pilot project selection and implementation of the pilot program.
Bill status
signed
all 5 stages cleared
Introduction
Mar 2022
Committee Review
Apr 2022
House Passage
Apr 2022
Senate Passage
Apr 2022
Signed into Law
May 2022
Introduced Mar 2, 2022
Signed May 27, 2022
Floor votes · Senate Apr 8, 2022 · House Mar 1, 2022
How they voted
43–0
Passed · 3 other
Total votes 46
Apr 8, 2022
D
Democratic29
96% Yea
R
Republican17
88% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
31
Key actions
8
Committee
7
May 27, 2022
Signed into law
Governor Approved
lower
Apr 9, 2022
Lower · Passed
Passed Both Houses
lower
Apr 9, 2022
Upper · Passed
Third Reading - Passed; 055-000-000
upper
Apr 8, 2022
Senate · Passed
Senate Vote: pass (43-0-3)
senate
Apr 5, 2022
Upper · Passed
Do Pass Executive; 016-000-000
upper
Apr 4, 2022
Upper · Passed
Rule 2-10 Committee Deadline Established As April 8, 2022
upper
Apr 4, 2022
Committee
Assigned to Executive
upper
Mar 16, 2022
Committee
Referred to Assignments
upper
Mar 2, 2022
Introduced
Arrive in Senate
upper
Mar 1, 2022
Lower · Passed
Third Reading - Short Debate - Passed 106-000-003
lower
Feb 16, 2022
Lower · Passed
Do Pass / Short Debate State Government Administration Committee; 008-000-000
lower
Feb 9, 2022
Committee
Assigned to State Government Administration Committee
lower
Jan 27, 2022
Committee
Referred to Rules Committee
lower
2 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Ram Villivalam
DDemocratic
P
Will Davis
DDemocratic
Co
Eva-Dina Delgado
DDemocratic
Co
Lamont J. Robinson, Jr.
DDemocratic
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