Illinois General Assembly - Full Text of SB0014
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Full Text of SB0014  94th General Assembly

SB0014sam002 94TH GENERAL ASSEMBLY

Sen. Emil Jones Jr.

Filed: 4/12/2005

 

 


 

 


 
09400SB0014sam002 LRB094 07034 RCE 45033 a

1
AMENDMENT TO SENATE BILL 14

2     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";

 

 

09400SB0014sam002 - 2 - LRB094 07034 RCE 45033 a

1 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)".