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Title:Bond Reform in the Construction Industry Task Force
Contact Name:Illinois Department of Transportation
Contact Comments:
Function:
The Task Force shall study innovative ways to reduce
the cost of insurance in the private and public construction industry while protecting owners from risk of nonperformance.

The Task Force shall consider options that include, but are not limited to, owner-financed insurance instead of
contractor-financed insurance and alternative ways to manage risk other than bonds or other insurance products.
Senate Confirmation:No
Qualifications:
Composition:
        (1) the Governor, or his or her designee;
        (2) the State Treasurer, or his or her designee;
        (3) the Director of Insurance, or his or her designee;
        (4) 2 members appointed by the Speaker of the House of Representatives;
        (5) 2 members appointed by the Minority Leader of the House of Representatives;
        (6) 2 members appointed by the President of the
Senate;
        (7) 2 members appointed by the Minority Leader of the Senate; and
        (8) 7 members representing the construction industry appointed by the Governor.
Authority:P.A. 102-1065

 Member Names

Name (Last, First)Term ExpiresMember SinceAffiliationAppointed ByPositionTitleCounty
VacantGovernorMemberGovernor or designee
VacantStatuteMemberIllinois State Treasurer or designee
VacantStatuteMemberDirector of Insurance or designee
VacantSpeaker of the House of RepresentativesMember
VacantSpeaker of the House of RepresentativesMember
VacantMinority Leader of the House of RepresentativesMember
VacantMinority Leader of the House of RepresentativesMember
VacantPresident of the SenateMember
VacantPresident of the SenateMember
VacantMInority Leader of the SenateMember
Vacant Minority Leader of the SenateMember
VacantGovernorMemberRepresenting the construction industry
Vacant GovernorMemberRepresenting the construction industry
VacantGovernorMemberRepresenting the construction industry
VacantGovernorMemberRepresenting the construction industry
VacantGovernorMemberRepresenting the construction industry
vacant GovernorMemberRepresenting the construction industry
VacantGovernor MemberRepresenting the construction industry