Illinois General Assembly - Bill Status for SB1491

Synopsis As Introduced
Amends the Business Corporation Act of 1983. Provides that as soon as practical after the effective date, but no later than January 1, 2024, a corporation that has contracts with the State shall include as part of its annual report submitted to the Secretary of State a list of its professional services suppliers by category. Provides that the list shall include the percentage of owners and employees in each category that are women or are members of a minority group. Provides that the list shall identify minority groups with specificity. Provides that corporations that submit annual supplier diversity reports to the Illinois Commerce Commission in accordance with the Business Enterprise for Minorities, Women, and Persons with Disabilities Act are exempt from the reporting requirements. Effective immediately.

Actions

Date	Chamber	Action
2/7/2023	Senate	Filed with Secretary by Sen. Napoleon Harris, III
2/7/2023	Senate	First Reading
2/7/2023	Senate	Referred to Assignments
2/14/2023	Senate	Assigned to Executive
2/23/2023	Senate	To Subcommittee on Procurement
3/10/2023	Senate	Rule 2-10 Committee Deadline Established As March 24, 2023
3/23/2023	Senate	Rule 2-10 Committee Deadline Established As March 31, 2023
3/31/2023	Senate	Rule 3-9(a) / Re-referred to Assignments

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