(20 ILCS 405/405-530)

Sec. 405-530. Higher education supplier diversity report.

(a) Every private institution of higher education approved by the Illinois Student Assistance Commission for purposes of the Monetary Award Program shall submit a 2-page report on its voluntary supplier diversity program to the Department. The report shall set forth all of the following:

(1) The name, address, phone number, and e-mail address of the point of contact for the supplier diversity program (or the institution's procurement program if there is no supplier diversity program) for vendors to register with the program.

(2) Local and State certifications the institution accepts or recognizes for minority-owned, women-owned, or veteran-owned business status.

(3) On the second page, a narrative explaining the results of the report and the tactics to be employed to achieve the goals.

(4) The voluntary goals, if any, for either fiscal year or calendar year 2019 in each category for the entire budget of the institution (expending both public and private moneys, including any fee-supported entities) and the commodity codes or a description of particular goods and services for the area of procurement in which the institution expects most of those goals to focus on in the next year. However, a private institution of higher education may report the information under this subdivision (3) for fiscal year or calendar year 2018 instead. With respect to private institutions of higher education, beginning with the 2020 report, the actual spending for the entire budget of the institution (expending both public and private moneys, including any fee-supported entities) for minority business enterprises, women's business enterprises, and veteran-owned businesses, expressed both in actual dollars and as a percentage of the total budget of the institution. However, if a private institution of higher education elects to report the information under subdivision (3) of this subsection (a) for fiscal year or calendar year 2018 instead, then the information under this subdivision (4) must be reported beginning with the 2019 report.

Each private institution of higher education is required to submit a searchable Adobe PDF report to the Department on or before November 15, 2019 and on or before November 15 every year thereafter. However, if a private institution of higher education elects to report the information under subdivision (3) of this subsection (a) for fiscal year or calendar year 2018 instead, then the institution is required to submit the report on or before November 15, 2018 and on or before November 15 every year thereafter.

(b) For each report submitted under subsection (a) of this Section, the Department shall publish the results on its Internet website for 5 years after submission. The Department is not responsible for collecting the reports or for the content of the reports.

(c) The Department shall hold an annual higher education supplier diversity workshop in February of 2018 and every February thereafter to discuss the reports with representatives of the institutions of higher education and vendors.

(d) The Department shall prepare a one-page template (not including the narrative section) for the voluntary supplier diversity reports.

(Source: P.A. 100-140, eff. 8-18-17.)