Illinois SB 3760: PUBLIC CONSTRUCTION-SURETY

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104TH GENERAL ASSEMBLY 
State of Illinois 
2025 and 2026
SB3760

Introduced 2/5/2026, by Sen. Willie Preston 

SYNOPSIS AS INTRODUCED:

30 ILCS 550/1 from Ch. 29, par. 15

 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).

LRB104 16548 HLH 29946 b

A BILL FOR

SB3760LRB104 16548 HLH 29946 b

1 AN ACT concerning finance.

2 Be it enacted by the People of the State of Illinois, 

3represented in the General Assembly:

4 Section 5. The Public Construction Bond Act is amended by 

5changing Section 1 as follows:

6 (30 ILCS 550/1) (from Ch. 29, par. 15)

7 (Text of Section before amendment by P.A. 104-168)

8 Sec. 1. Except as otherwise provided by this Act, until 

9January 1, 2034, January 1, 2029, all officials, boards, 

10commissions, or agents of this State, or of any political 

11subdivision thereof, other than a local governmental unit, in 

12making contracts for public work of any kind costing over 

13$150,000 to be performed for the State, or of any political 

14subdivision thereof, other than a local governmental unit, 

15shall require every contractor for the work to furnish, supply 

16and deliver a bond to the State, or to the poli