HB5042 — PUBLIC CONSTRUCTION-SURETY
Last action — Rule 19(a) / Re-referred to Rules Committee
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1Introduced
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2In Committee
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3Passed House
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4Passed Senate
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5To Executive
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6Enacted
This bill has been introduced in the House. Introduced February 04, 2026. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Prognosis
Where this bill stands today.
Odds of enactment
LowHow often bills like it became law.
Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
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).
Bill Text
We don't have the full text on file for this bill yet.
Read HB5042 on the official Illinois source →Action History
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Rule 19(a) / Re-referred to Rules Committee
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To Tax Policy: Other Taxes Subcommittee
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Assigned to Revenue & Finance Committee
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Referred to Rules Committee
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First Reading
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Filed with the Clerk by Rep. William "Will" Davis
Sponsors
- William "Will" Davis · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 182 not signed on
Sponsors (1)
- William "Will" Davis Democrat
Co-sponsors (0)
None.
Not signed on (182)
182 members have not signed on to this bill.
Show all 182 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does HB5042 do?
- 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).
- Who sponsors HB5042 ?
- HB5042 is sponsored by William "Will" Davis (Democrat).
- What is the current status of HB5042 ?
- This bill has been introduced in the House. Introduced February 04, 2026. It must pass committee before a floor vote.
- Where can I track HB5042 ?
- Track HB5042 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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