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| | SB2930 Engrossed | | LRB103 36431 SPS 66533 b |
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1 | | AN ACT concerning business. |
2 | | Be it enacted by the People of the State of Illinois, |
3 | | represented in the General Assembly: |
4 | | Section 5. The General Not For Profit Corporation Act of |
5 | | 1986 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 |
8 | | officers. |
9 | | (a) Within 30 days after filing its annual AG990-IL |
10 | | Charitable Organization Annual Report, a corporation that |
11 | | reports grants of $1,000,000 or more to other charitable |
12 | | organizations shall post on its publicly available website, if |
13 | | one exists, the aggregated demographic information of the |
14 | | corporation's directors and officers, including race, |
15 | | ethnicity, gender, disability status, veteran status, sexual |
16 | | orientation, and gender identity. The aggregated demographic |
17 | | information shall be accessible on the corporation's publicly |
18 | | available website for at least 3 years after it is posted. |
19 | | (b) The Department of Human Rights shall work with |
20 | | community partners to prepare and publish a standardized list |
21 | | of demographic classifications to be used by corporations for |
22 | | the reporting of the aggregated demographic information of a |
23 | | corporation's directors and officers, including race, |