summary
Introduced
02/05/2026
02/05/2026
In Committee
02/05/2026
02/05/2026
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the State Finance Act. In provisions concerning vouchers, provides that the signature requirement for construction contracts procured by the Department of Transportation shall apply to contracts, contract renewals, and orders against a master contract in the amount of $750,000 or more in a fiscal year and to any contract amendment or change to an existing contract that increases the value of the contract to or by $750,000 or more in a fiscal year. Amends the Public Contract Fraud Act. In provisions concerning spending money without obtaining title to land, provides that the Department of Transportation may proceed with bidding or awarding a contract or any construction activities once it has complied with specified federal requirements. Amends the Real Estate Appraiser Licensing Act of 2002. Makes changes in provisions concerning: waiver valuations; endorsement; grounds for disciplinary action; citations; discrimination; investigation, notice, and hearing; and meetings of the Real Estate Appraisal Administration and Disciplinary Board. Amends the Illinois Highway Code. In provisions allowing the Department of Transportation to acquire an interest in land, rights, or other property for specified road construction purposes, specifies that the property may be public or private property. Makes other changes. Effective immediately.
AI Summary
This bill makes several changes to Illinois law, primarily affecting the Department of Transportation (IDOT) and real estate appraisers. It modifies the State Finance Act to adjust the signature requirement for construction contracts procured by IDOT, increasing the threshold from $250,000 to $750,000 per fiscal year for contracts, renewals, and master contract orders, and for amendments that increase a contract's value by that amount. The Public Contract Fraud Act is amended to allow IDOT to proceed with bidding or awarding contracts and construction activities once it meets specific federal requirements, though full compliance with land title acquisition rules is still required before expending funds on construction or acquiring parcels outstanding at the time of conditional certification. The Real Estate Appraiser Licensing Act of 2002 sees numerous amendments, including defining "waiver valuation" as a valuation prepared under federal relocation assistance laws that is not an appraisal, and outlining specific circumstances and individuals who can perform these valuations for IDOT and other entities without needing a full appraiser's license, with updated monetary limits for these valuations. It also makes changes related to disciplinary actions, citations, discrimination, investigations, and the composition and meetings of the Real Estate Appraisal Administration and Disciplinary Board. Finally, the Illinois Highway Code is amended to clarify that IDOT can acquire both public and private property for highway purposes.
Sponsors (1)
Last Action
Referred to Assignments (on 02/05/2026)
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