Bond Reform in the Construction Industry Task Force
Board and Commission Details
Contact Name
Illinois Department of Transportation
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
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 | Member Expiration | Member Since | Affiliation | Appointed By | Position | Title | County |
|---|---|---|---|---|---|---|---|
| Vacant | Governor | Governor or designee | Member | ||||
| Vacant | Statute | Illinois State Treasurer or designee | Member | ||||
| Vacant | Statute | Director of Insurance or designee | Member | ||||
| Drury, Clinton "Clint" John | 05/15/2023 | Speaker of the House of Representatives | Member | ||||
| Ortiz, Rep. Aaron M. | 07/16/2024 | Speaker of the House of Representatives | Member | ||||
| Healy, Jack | 08/22/2022 | Minority Leader of the House of Representatives | Member | ||||
| Cullinan, Allen | Minority Leader of the House of Representatives | Member | |||||
| Vacant | President of the Senate | Member | |||||
| Vacant | President of the Senate | Member | |||||
| Tyler, Deavay | 08/10/2022 | MInority Leader of the Senate | Member | ||||
| Solis, Ivan | 08/19/2022 | Minority Leader of the Senate | Member | ||||
| Vacant | Governor | Representing the construction industry | Member | ||||
| Vacant | Governor | Representing the construction industry | Member | ||||
| Vacant | Governor | Representing the construction industry | Member | ||||
| Vacant | Governor | Representing the construction industry | Member | ||||
| Vacant | Governor | Representing the construction industry | Member | ||||
| Vacant | Governor | Representing the construction industry | Member | ||||
| Vacant | Governor | Representing the construction industry | Member |