SB2930enr 103RD GENERAL ASSEMBLY

 


 
SB2930 EnrolledLRB103 36431 SPS 66533 b

1    AN ACT concerning business.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The General Not For Profit Corporation Act of
51986 is amended by adding Section 114.15 as follows:
 
6    (805 ILCS 105/114.15 new)
7    Sec. 114.15. Demographic information of directors and
8officers.
9    (a) Within 30 days after filing its annual AG990-IL
10Charitable Organization Annual Report, a corporation that
11reports grants of $1,000,000 or more to other charitable
12organizations shall post on its publicly available website, if
13one exists, the aggregated demographic information of the
14corporation's directors and officers, including race,
15ethnicity, gender, disability status, veteran status, sexual
16orientation, and gender identity. The aggregated demographic
17information shall be accessible on the corporation's publicly
18available website for at least 3 years after it is posted.
19    (b) The Department of Human Rights shall work with
20community partners to prepare and publish a standardized list
21of demographic classifications to be used by corporations for
22the reporting of the aggregated demographic information of a
23corporation's directors and officers, including race,

 

 

SB2930 Enrolled- 2 -LRB103 36431 SPS 66533 b

1ethnicity, gender, disability status, veteran status, sexual
2orientation, and gender identity. The Department of Human
3Rights shall periodically review and update the list.
4    (c) In collecting the aggregated demographic information
5of its directors and officers, a corporation shall allow for
6an individual to decline to disclose any or all personal
7demographic information to the corporation.
 
8    Section 99. Effective date. This Act takes effect January
91, 2025.