Replaces everything after the enacting clause. Amends the Department of Central Management Services Law of the Civil Administrative Code of the Illinois. Provides that each municipality receiving or using State funds, either partially or fully, for the purposes of municipal projects shall adopt an ordinance or resolution creating diversity and inclusion requirements and goals for all municipal projects of that municipality. Provides that the diversity and inclusion requirements and goals shall, to the extent possible, be no less restrictive than the diversity requirements and goals provided under the Business Enterprise for Minorities, Women, and Persons with Disabilities Act. Provides that for each municipal project funded, either partially or fully, by State funds, the municipality receiving such funds shall submit a diversity and inclusion report to the Department of Central Management Services. Provides that each municipality adopting diversity and inclusion requirements and goals shall also submit an annual report to the Department. Provides for the contents of the reports. Provides for the adoption of rules.