Synopsis As Introduced Amends the Board of Higher Education Act. Provides that the Board of Higher Education shall require all public and private institutions of higher education located in this State to submit an annual report on or before April 15, 2016 and on or before each April 15 thereafter, in a searchable Adobe PDF format, on all procurement goals and actual spending for female-owned, minority-owned, veteran-owned, and small business enterprises in the previous calendar year. Provides that each institution shall include certain information in its annual report. Provides that the Board and all institutions shall hold an annual workshop open to the public in July of 2016 and each July thereafter on the state of supplier diversity to collaboratively seek solutions to structural impediments to achieving stated goals. Sets forth other Board requirements. Effective immediately.