SB 2084

  • Illinois Senate Bill
  • 94th Regular Session
  • Introduced in Senate Apr 14, 2005
  • Passed Senate Apr 14, 2005
  • House
  • Governor

Pub Const Bond-Default

Abstract

Amends the Public Construction Bond Act. With respect to bonds securing contracts between the Capital Development Board or a public institution of higher education and a contractor, requires that within 15 days after notice to the surety that the principal is in default, the surety must (i) complete the work using a contractor selected jointly with the obligee or (ii) provide the obligee the amount needed to complete the work, in excess of the unpaid contract balance and up to the penal sum of the bond. Effective immediately.

Bill Sponsors (1)

Votes


Actions


Jan 09, 2007

Senate

Session Sine Die

May 13, 2005

House

Rule 19(a) / Re-referred to Rules Committee

Apr 20, 2005

House

Assigned to Executive Committee

Apr 15, 2005

House

Chief House Sponsor Rep. Kurt M. Granberg

House

Referred to Rules Committee

House

First Reading

Apr 14, 2005

Senate

Third Reading - Passed; 057-001-000

House

Arrived in House

House

Placed on Calendar Order of First Reading

Apr 11, 2005

Senate

Second Reading

Senate

Placed on Calendar Order of 3rd Reading April 12, 2005

Mar 17, 2005

Senate

Do Pass State Government; 007-000-000

Senate

Placed on Calendar Order of 2nd Reading April 6, 2005

Mar 16, 2005

Senate

Added as Co-Sponsor Sen. Pamela J. Althoff

Mar 02, 2005

Senate

Assigned to State Government

Feb 25, 2005

Senate

Filed with Secretary by Sen. Carol Ronen

Senate

First Reading

Senate

Referred to Rules

Bill Text

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Related Documents

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Sources

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