Full Text of SB0014 94th General Assembly
SB0014sam002 94TH GENERAL ASSEMBLY
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Sen. Emil Jones Jr.
Filed: 4/12/2005
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09400SB0014sam002 |
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LRB094 07034 RCE 45033 a |
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| AMENDMENT TO SENATE BILL 14
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| AMENDMENT NO. ______. Amend Senate Bill 14 on page 4, by | 3 |
| replacing lines 3 through 8 with the following: | 4 |
| "Corporation as a government corporation and instrumentality | 5 |
| of the State. Except as provided in"; and | 6 |
| on page 6, line 11, by inserting ", cultural," after | 7 |
| "geographic"; and | 8 |
| on page 8, line 25, by inserting after the period the | 9 |
| following: | 10 |
| "The selection of a fund manager shall be through a public, | 11 |
| competitive, and open request for proposals process that is | 12 |
| fully publicized on the Corporation's website home page and in | 13 |
| the print media throughout the State."; and | 14 |
| on page 8, line 31, by inserting after the period the | 15 |
| following: | 16 |
| "The fund manager shall set forth his or her goals and plans to | 17 |
| achieve the goals under this Act and under the Business | 18 |
| Enterprise for Minorities, Females, and Persons with | 19 |
| Disabilities Act. The goals and plans shall become a material | 20 |
| part of the contract between the manager and Corporation."; and | 21 |
| on page 11, line 12, after "Act", by inserting the following: | 22 |
| "shall be deposited into the Illinois Special Projects Fund"; |
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09400SB0014sam002 |
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LRB094 07034 RCE 45033 a |
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| and | 2 |
| on page 11, line 31, by inserting after the period the | 3 |
| following: | 4 |
| "Not less than 12% of the total Illinois Opportunity Fund shall | 5 |
| be invested in any one calender year in minority and female | 6 |
| owned businesses and businesses owned by a person with a | 7 |
| disability as defined under the Business Enterprise for | 8 |
| Minorities, Females, and Persons with Disabilities Act."; and | 9 |
| on page 12, line 1, by inserting after the period the | 10 |
| following: | 11 |
| "The fund manager shall annually report to the General Assembly | 12 |
| the degree to and the manner in which he or she has achieved | 13 |
| the goals under this Act and under the Business Enterprise for | 14 |
| Minorities, Females, and Persons with Disabilities Act."; and | 15 |
| on page 15, lines 6 and 7, by replacing "15(g), 16(b), and | 16 |
| 20(b)" with "15(k) and 16(b)".
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