Illinois General Assembly - Full Text of HB5326
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Full Text of HB5326  102nd General Assembly

HB5326ham001 102ND GENERAL ASSEMBLY

Rep. Camille Y. Lilly

Filed: 3/1/2022

 

 


 

 


 
10200HB5326ham001LRB102 24892 SPS 37177 a

1
AMENDMENT TO HOUSE BILL 5326

2    AMENDMENT NO. ______. Amend House Bill 5326 by replacing
3everything after the enacting clause with the following:
 
4    "Section 5. The Business Corporation Act of 1983 is
5amended by adding Section 14.40 as follows:
 
6    (805 ILCS 5/14.40 new)
7    Sec. 14.40. State contractors reporting.
8    (a) Except as provided for in subsection (b), as soon as
9practical after the effective date of this amendatory Act of
10the 102nd General Assembly, but no later than January 1, 2023,
11a corporation that has contracts with this State shall include
12as part of its annual report submitted to the Secretary of
13State under this Act a list of its professional services
14suppliers by category, including, but not limited to, legal
15services, accounting services, media placement, technology
16services, asset management, and consulting services. The list

 

 

10200HB5326ham001- 2 -LRB102 24892 SPS 37177 a

1shall include the percentage of owners and employees in each
2category that are women or are members of a minority group. The
3list shall identify minority groups with specificity,
4including, but not limited to, African American, Latin
5American, and Asian American and Pacific Islander.
6    (b) Corporations that submit annual supplier diversity
7reports to the Illinois Commerce Commission in accordance with
8Section 8h of the Business Enterprise for Minorities, Women,
9and Persons with Disabilities Act are exempt from the
10requirements of this Section.
 
11    Section 99. Effective date. This Act takes effect upon
12becoming law.".