Synopsis As Introduced Provides that the Department of Central Management Services shall implement recommendations from the State of Illinois 2015 Disparity and Availability Study by: developing a Mentor/Protégé program to foster the development and mentoring of minority and female owned businesses; implementing an electronic contract data collection and monitoring system to track certain data included in State contracts relating to the utilization of minority and female owned businesses; enhancing access to current State-sponsored bonding and financial assistance programs; reviewing the process for placing minority and female owned business participation goals on State contracts using the availability estimates in the 2015 Disparity and Availability Study; implementing procurement forecasts in order to increase minority and female owned businesses' access to State contracting information; and, where sheltered markets could be an appropriate solution to identified disparities in industry-specific areas, establishing sheltered markets pursuant to the Business Enterprise for Minorities, Females, and Persons with Disabilities Act. Contains other provisions addressing access to State contracting opportunities for minority and female owned businesses. Provides that on July 1 of each year (beginning on July 1, 2017), the Department shall report annually to the Governor and the Chief Procurement Officer on its findings and progress. Contains provisions regarding: severability; savings; and prior executive orders. Effective immediately.