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| | HB0453 Engrossed | | LRB102 09923 HLH 15241 b |
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1 | | AN ACT concerning revenue.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Property Tax Code is amended by adding |
5 | | Section 18-50.2 as follows: |
6 | | (35 ILCS 200/18-50.2 new) |
7 | | Sec. 18-50.2. Vendor information reporting. Beginning in |
8 | | levy year 2022, each taxing district that has an aggregate |
9 | | property tax levy of more than $5,000,000 for the applicable |
10 | | levy year shall make a good faith effort to collect and |
11 | | electronically publish data from all vendors and |
12 | | subcontractors doing business with the taxing district as to: |
13 | | (1) whether the vendor or subcontractor is a minority-owned, |
14 | | women-owned, or veteran-owned business, as defined in the |
15 | | Business Enterprise for Minorities, Women, and Persons with |
16 | | Disabilities Act; and (2) whether the vendor or subcontractor |
17 | | holds any certifications for those categories or if they are |
18 | | self-certifying; if the vendor self-certifies, then the taxing |
19 | | district shall publish whether the vendor qualifies as a small |
20 | | business under federal Small Business Administration |
21 | | standards. This Section is a denial
and limitation
of home |
22 | | rule powers and functions under subsection (i) of Section 6
of |
23 | | Article VII of the Illinois Constitution on the concurrent |