Repeals the School Construction Bond Act and makes conforming changes to other acts.
HB3809 repeals the School Construction Bond Act and makes conforming changes to the Statute on Statutes, the General Obligation Bond Act, and the Prevailing Wage Act. The bill specifies that references to the School Construction Bond Act and the Illinois Coal and Energy Development Bond Act should now include the General Obligation Bond Act. It also amends the Prevailing Wage Act to clarify the definition of "public works" and "locality" for wage determination purposes. The bill ensures that proceeds from bond sales are deposited into appropriate funds for various public works projects.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.