Full Text of HB2924 101st General Assembly
HB2924sam002 101ST GENERAL ASSEMBLY | Sen. Martin A. Sandoval Filed: 5/14/2019
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| 1 | | AMENDMENT TO HOUSE BILL 2924
| 2 | | AMENDMENT NO. ______. Amend House Bill 2924 on page 1, line | 3 | | 10, by replacing " under the authority of " with " receiving | 4 | | funding from "; and
| 5 | | on page 3, immediately below line 26, by inserting the | 6 | | following: | 7 | | "Section 10. The Department of Commerce and Economic | 8 | | Opportunity Law of the
Civil Administrative Code of Illinois is | 9 | | amended by adding Section 605-1030 as follows: | 10 | | (20 ILCS 605/605-1030 new) | 11 | | Sec. 605-1030. Office of Minority Economic Empowerment. | 12 | | (a) The Office of Minority Economic Empowerment (the | 13 | | Office) is hereby created within the Department. The Office | 14 | | shall assist minority-owned businesses, women-owned | 15 | | businesses, veteran-owned businesses, and businesses owned by |
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| 1 | | persons with disabilities through targeted programs, | 2 | | resources, and outreach and promotional activities. The Office | 3 | | shall engage in or conduct the following activities: | 4 | | (1) promoting and conducting outreach efforts with | 5 | | respect of the making of small business loans pursuant to | 6 | | Section 9-4.3 of the Build Illinois Act, and assisting | 7 | | minority-owned businesses, women-owned businesses, | 8 | | veteran-owned businesses, and businesses owned by persons | 9 | | with disabilities in applying for and receiving loan funds | 10 | | under that Act; | 11 | | (2) providing and hosting workshops and public forums | 12 | | and engaging in outreach efforts for minority-owned | 13 | | businesses, women-owned businesses, veteran-owned | 14 | | businesses, and businesses owned by persons with | 15 | | disabilities to encourage participation in programs under | 16 | | the Business Enterprise for Minorities, Women, and Persons | 17 | | with Disabilities Act, and assisting those enterprises in | 18 | | becoming designated under that Act; | 19 | | (3) providing and hosting workshops and public forums | 20 | | and engaging in outreach efforts that assist and educate | 21 | | minority-owned businesses, women-owned businesses, | 22 | | veteran-owned businesses, and businesses owned by persons | 23 | | with disabilities on the process of applying for and | 24 | | becoming certified to apply for State grant funds under the | 25 | | Grant Accountability and Transparency Act; | 26 | | (4) providing and hosting workshops and public forums |
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| 1 | | and engaging in outreach efforts that assist and educate | 2 | | aspiring and existing minority-owned businesses, | 3 | | women-owned businesses, veteran-owned businesses, and | 4 | | businesses owned by persons with disabilities with | 5 | | understanding concepts such as, but not limited to, | 6 | | business formation, business planning, capital access, and | 7 | | marketing a business; | 8 | | (5) administering programs established by the | 9 | | Department or the General Assembly to provide grants to | 10 | | minority-owned business, woman-owned businesses, | 11 | | veteran-owned businesses, and businesses owned by persons | 12 | | with disabilities; | 13 | | (6) coordinating assistance for businesses with other | 14 | | State agencies; | 15 | | (7) providing staff, administration, and related | 16 | | support required to administer this Section; and | 17 | | (8) establishing applications, notifications, | 18 | | contracts, and other forms and procedures, and adopting | 19 | | rules deemed necessary and appropriate. | 20 | | The Office may use vendors or contract work to carry out | 21 | | the purposes of this Act. | 22 | | (b) In order to facilitate and encourage the growth of | 23 | | supplier diversity, the Office may have at least one employee | 24 | | who serves as a supplier diversity program manager to: (i) | 25 | | collect reports and information concerning entities that | 26 | | manage supplier diversity programs; and (ii) conduct public |
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| 1 | | workshops focused on specific industries to collaboratively | 2 | | connect diverse enterprises with entities that manage supplier | 3 | | diversity programs. The workshops shall be modeled after | 4 | | Illinois Commerce Commission hearings for utilities and | 5 | | railroads and shall include a collaborative discussion of filed | 6 | | supplier diversity reports. The program manager shall hold | 7 | | public workshops for relevant industries including, but not | 8 | | limited to, gaming, hospitals, public and private higher | 9 | | education, Economic Development for a Growing Economy tax | 10 | | credits, museums, and professional sports teams. In addition, | 11 | | the Department shall compile and publish on its website a | 12 | | master database for all points of contract for supplier | 13 | | diversity programs, including certifications accepted and | 14 | | links to the most recent supplier diversity reports submitted | 15 | | under: | 16 | | (1) Section 405-530 of the Department of Central | 17 | | Management Services Law of the Civil Administrative Code of | 18 | | Illinois; | 19 | | (2) Section 5.3 of the Illinois Health Facilities | 20 | | Planning Act; | 21 | | (3) Section 8k of the Business Enterprise for | 22 | | Minorities, Women, and Persons with Disabilities Act; | 23 | | (4) Section 5-57 of the Economic Development for a | 24 | | Growing Economy Tax Credit Act; | 25 | | (5) Section 5-117 of the Public Utilities Act; | 26 | | (6) Section 12.2 of the Illinois Horse Racing Act of |
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| 1 | | 1975; or | 2 | | (7) Section 10 of the Railroad Supplier Diversity Act. | 3 | | (c) For the purposes of this Section: | 4 | | "Minority-owned business", "women-owned business", and | 5 | | "business owned by a person with a disability" have the | 6 | | meanings provided under the Business Enterprise for | 7 | | Minorities, Women, and Persons with Disabilities Act. | 8 | | "Veteran-owned business" means a business which is at least | 9 | | 51% owned by one or more veterans, or, in the case of a | 10 | | corporation, at least 51% of the stock in which is owned by one | 11 | | or more veterans, and the management and daily business | 12 | | operations of which are controlled by one or more of the | 13 | | veterans who own it. | 14 | | Section 15. The Economic Development for a Growing Economy | 15 | | Tax Credit Act is amended by changing Section 5-57 as follows: | 16 | | (35 ILCS 10/5-57) | 17 | | Sec. 5-57. Diversity policy Supplier diversity goals; | 18 | | reports. | 19 | | (a) Each taxpayer claiming a credit under this Act shall, | 20 | | no later than April 15 of each taxable year for which the | 21 | | taxpayer claims a credit under this Act, submit to the | 22 | | Department of Commerce and Economic Opportunity an annual | 23 | | report containing the information described in subsections | 24 | | (b), (c), (d), and (e) of Section 5-117 of the Public Utilities |
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| 1 | | Act. Those reports shall be submitted in the form and manner | 2 | | required by the Department of Commerce and Economic | 3 | | Opportunity. | 4 | | (b) Any taxpayer seeking to claim a credit under this Act | 5 | | that fails to timely submit the required report shall not | 6 | | receive a credit for that taxable year unless and until such | 7 | | report is finalized and submitted to the Department. This | 8 | | subsection shall apply only to actual spending, per vendor on | 9 | | an annualized basis, that exceeds $10,000 or 10% of the | 10 | | taxpayer's vendor spending, whichever is less.
| 11 | | (c) Each taxpayer claiming a credit under this Act shall, | 12 | | no later than April 15 of each taxable year for which the | 13 | | taxpayer claims a credit under this Act, submit to the | 14 | | Department an annual report detailing the diversity of the | 15 | | taxpayer's own workforce, including full-time and part-time | 16 | | employees, contractors, and board members. The report shall be | 17 | | submitted in the form and manner required by the Department. | 18 | | Any taxpayer seeking to claim a credit under this Act that | 19 | | fails to timely submit the required report shall not receive a | 20 | | credit for that taxable year unless and until such report is | 21 | | finalized and submitted to the Department. | 22 | | (Source: P.A. 100-451, eff. 8-25-17; 100-511, eff. 9-18-17.)".
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