|SB1267 Engrossed||LRB100 08796 AXK 18935 b|
AN ACT concerning transportation.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
This Act may be cited as the
Railroad Supplier Diversity Act.
For purposes of this Act:
(a) "Class I railroad" has the meaning assigned by
regulations of the Surface Transportation Board (49 CFR Part
1201; General Instructions 1-1), as those regulations may be
revised by the Board (including modifications in class
thresholds based on the revenue deflator formula) from time to
(b) "Commission" means the Illinois Commerce Commission.
A Class I railroad company may, no
later than April 15 of each year, submit to the Commission an
annual report containing the information described in
subsections (b), (c), (d), and (e) of Section 5-117 of the
Public Utilities Act and any other additional information by
the railroad company, including, but not limited to, a national
supplier diversity report. Any reports voluntarily submitted
shall be in a form and manner required by the Commission. The
Commission shall accept any reports submitted by a Class I