HB 4950 Illinois House · 104th Regular Session

REAL ESTATE-VARIOUS

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.
Bill status passed 3 of 5 stages cleared
Introduction
Apr 2026
Committee Review
Jun 2026
House Passage
Apr 2026
Senate Passage
Governor
Introduced Apr 21, 2026 Last action Jun 1, 2026
Maddy AI version diff · 1 comparison

What changed between versions

Introduced Engrossed · 5 edits · Apr 16, 2026
MODERATE
This bill updates three major state laws to modernize procurement rules, clarify land acquisition procedures, and revise real estate appraiser regulations. The most significant change raises the dollar threshold for mandatory signatures on Department of Transportation contracts from $250,000 to $750,000, allowing smaller projects to move faster. It also permits the DOT to begin construction on certain land projects without waiting for full title approval if specific federal requirements are met, provided no costs are assessed against the state until full compliance is achieved. Additionally, the bill amends the Real Estate Appraiser Licensing Act to update definitions and disciplinary procedures.
Scope change
The bill expands the scope of the Public Contract Fraud Act by adding an exception for the Department of Transportation regarding land title approvals under specific conditions, while simultaneously broadening the scope of the State Finance Act by increasing the financial threshold for required contract signatures.
REQUIREMENT

Increased the minimum contract value requiring mandatory signatures from $250,000 to $750,000 for Department of Transportation construction contracts.

Allowed the Department of Transportation to proceed with bidding and construction on certain land projects without full title approval if federal conditional certification requirements are met.

FISCAL

Clarified that no delay costs can be assessed against the state until the Department of Transportation complies with full title requirements for outstanding land parcels.

DEFINITION

Updated definitions in the Real Estate Appraiser Licensing Act, including clarifications on 'appraised firm' and 'accredited college'.

ENFORCEMENT

Revised provisions regarding disciplinary actions and investigation procedures for real estate appraisers.

Floor votes · House Apr 16, 2026

How they voted

1081
Passed · 7 other
Total votes 116
Apr 16, 2026
D Democratic76
73 Yea 3
96% Yea
R Republican40
35 Yea 1 Nay 4
87% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
33
Key actions
6
Committee
9
Amendments
6
Jun 1, 2026
Committee
Rule 3-9(a) / Re-referred to Assignments
upper
May 18, 2026
Upper · Passed
Senate Floor Amendment No. 1 Adopted; Harmon
upper
May 13, 2026
Introduced
Senate Floor Amendment No. 1 Recommend Do Adopt Executive; 009-004-000
upper
May 13, 2026
Introduced
Senate Floor Amendment No. 1 Assignments Refers to Executive
upper
May 13, 2026
Committee
Senate Floor Amendment No. 1 Referred to Assignments
upper
May 13, 2026
Introduced
Senate Floor Amendment No. 1 Filed with Secretary by Sen. Don Harmon
upper
Apr 21, 2026
Committee
Referred to Assignments
upper
Apr 21, 2026
Introduced
Arrive in Senate
upper
Apr 16, 2026
Lower · Passed
Third Reading - Short Debate - Passed 110-001-000
lower
Apr 16, 2026
Lower · Passed
House Floor Amendment No. 1 Adopted
lower
Apr 15, 2026
Lower · Passed
House Floor Amendment No. 1 Recommends Be Adopted State Government Administration Committee; 009-000-000
lower
Apr 14, 2026
Lower · Passed
House Floor Amendment No. 1 Rules Refers to State Government Administration Committee
lower
Apr 13, 2026
Committee
House Floor Amendment No. 1 Referred to Rules Committee
lower
Apr 13, 2026
Introduced
House Floor Amendment No. 1 Filed with Clerk by Rep. Jay Hoffman
lower
Mar 25, 2026
Lower · Passed
Do Pass / Short Debate State Government Administration Committee; 009-000-000
lower
Mar 18, 2026
Committee
Assigned to State Government Administration Committee
lower
Feb 6, 2026
Committee
Referred to Rules Committee
lower
2 primary · 1 co-sponsor

Sponsors