IDOT-PUBLIC CONSTRUCTION BOND House SponsorsRep. William Davis-Eva Dina Delgado-Lamont J. Robinson, Jr. Senate Sponsors(Sen. Ram Villivalam) 5/27/2022HousePublic Act . . . . . . . . . 102-0968 30 ILCS 550/1from Ch. 29, par. 15 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. 1/26/2022HouseFiled with the Clerk by Rep. William Davis 1/27/2022HouseFirst Reading 1/27/2022HouseReferred to Rules Committee 2/9/2022HouseAssigned to State Government Administration Committee 2/16/2022HouseDo Pass / Short Debate State Government Administration Committee; 008-000-000 2/17/2022HousePlaced on Calendar 2nd Reading - Short Debate 2/22/2022HouseSecond Reading - Short Debate 2/22/2022HousePlaced on Calendar Order of 3rd Reading - Short Debate 3/1/2022HouseThird Reading - Short Debate - Passed 106-000-003 3/1/2022HouseAdded Chief Co-Sponsor Rep. Eva Dina Delgado 3/1/2022HouseAdded Chief Co-Sponsor Rep. Lamont J. Robinson, Jr. 3/2/2022SenateArrive in Senate 3/2/2022SenatePlaced on Calendar Order of First Reading March 8, 2022 3/16/2022SenateChief Senate Sponsor Sen. Ram Villivalam 3/16/2022SenateFirst Reading 3/16/2022SenateReferred to Assignments 4/4/2022SenateAssigned to Executive 4/4/2022SenateRule 2-10 Third Reading Deadline Established As April 8, 2022 4/4/2022SenateRule 2-10 Committee Deadline Established As April 8, 2022 4/5/2022SenateWaive Posting Notice 4/5/2022SenateDo Pass Executive; 016-000-000 4/5/2022SenatePlaced on Calendar Order of 2nd Reading 4/6/2022SenateSecond Reading 4/6/2022SenatePlaced on Calendar Order of 3rd Reading April 7, 2022 4/9/2022SenateThird Reading - Passed; 055-000-000 4/9/2022HousePassed Both Houses 5/6/2022HouseSent to the Governor 5/27/2022HouseGovernor Approved 5/27/2022HouseEffective Date January 1, 2023 5/27/2022HousePublic Act . . . . . . . . . 102-0968