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| | SB1267 Enrolled | | LRB100 08796 AXK 18935 b |
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1 | | AN ACT concerning transportation.
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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 1. Short title. This Act may be cited as the |
5 | | Railroad Supplier Diversity Act. |
6 | | Section 5. Definitions. For purposes of this Act: |
7 | | (a) "Class I railroad" has the meaning assigned by |
8 | | regulations of the Surface Transportation Board (49 CFR Part |
9 | | 1201; General Instructions 1-1), as those regulations may be |
10 | | revised by the Board (including modifications in class |
11 | | thresholds based on the revenue deflator formula) from time to |
12 | | time. |
13 | | (b) "Commission" means the Illinois Commerce Commission. |
14 | | Section 10. Reports. A Class I railroad company may, no |
15 | | later than April 15 of each year, submit to the Commission an |
16 | | annual report containing the information described in |
17 | | subsections (b), (c), (d), and (e) of Section 5-117 of the |
18 | | Public Utilities Act and any other additional information by |
19 | | the railroad company, including, but not limited to, a national |
20 | | supplier diversity report. Any reports voluntarily submitted |
21 | | shall be in a form and manner required by the Commission. The |
22 | | Commission shall accept any reports submitted by a Class I |