HB2924sam002 101ST GENERAL ASSEMBLY

Sen. Martin A. Sandoval

Filed: 5/14/2019

10100HB2924sam002 LRB101 08271 HLH 60361 a

AMENDMENT TO HOUSE BILL 2924

AMENDMENT NO. ______. Amend House Bill 2924 on page 1, line 10, by replacing "under the authority of" with "receiving funding from"; and

on page 3, immediately below line 26, by inserting the following:

"Section 10. The Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois is amended by adding Section 605-1030 as follows:

(20 ILCS 605/605-1030 new)

Sec. 605-1030. Office of Minority Economic Empowerment.

(a) The Office of Minority Economic Empowerment (the Office) is hereby created within the Department. The Office shall assist minority-owned businesses, women-owned businesses, veteran-owned businesses, and businesses owned by persons with disabilities through targeted programs, resources, and outreach and promotional activities. The Office shall engage in or conduct the following activities:

(1) promoting and conducting outreach efforts with respect of the making of small business loans pursuant to Section 9-4.3 of the Build Illinois Act, and assisting minority-owned businesses, women-owned businesses, veteran-owned businesses, and businesses owned by persons with disabilities in applying for and receiving loan funds under that Act;

(2) providing and hosting workshops and public forums and engaging in outreach efforts for minority-owned businesses, women-owned businesses, veteran-owned businesses, and businesses owned by persons with disabilities to encourage participation in programs under the Business Enterprise for Minorities, Women, and Persons with Disabilities Act, and assisting those enterprises in becoming designated under that Act;

(3) providing and hosting workshops and public forums and engaging in outreach efforts that assist and educate minority-owned businesses, women-owned businesses, veteran-owned businesses, and businesses owned by persons with disabilities on the process of applying for and becoming certified to apply for State grant funds under the Grant Accountability and Transparency Act;

(4) providing and hosting workshops and public forums and engaging in outreach efforts that assist and educate aspiring and existing minority-owned businesses, women-owned businesses, veteran-owned businesses, and businesses owned by persons with disabilities with understanding concepts such as, but not limited to, business formation, business planning, capital access, and marketing a business;

(5) administering programs established by the Department or the General Assembly to provide grants to minority-owned business, woman-owned businesses, veteran-owned businesses, and businesses owned by persons with disabilities;

(6) coordinating assistance for businesses with other State agencies;

(7) providing staff, administration, and related support required to administer this Section; and

(8) establishing applications, notifications, contracts, and other forms and procedures, and adopting rules deemed necessary and appropriate.

The Office may use vendors or contract work to carry out the purposes of this Act.

(b) In order to facilitate and encourage the growth of supplier diversity, the Office may have at least one employee who serves as a supplier diversity program manager to: (i) collect reports and information concerning entities that manage supplier diversity programs; and (ii) conduct public workshops focused on specific industries to collaboratively connect diverse enterprises with entities that manage supplier diversity programs. The workshops shall be modeled after Illinois Commerce Commission hearings for utilities and railroads and shall include a collaborative discussion of filed supplier diversity reports. The program manager shall hold public workshops for relevant industries including, but not limited to, gaming, hospitals, public and private higher education, Economic Development for a Growing Economy tax credits, museums, and professional sports teams. In addition, the Department shall compile and publish on its website a master database for all points of contract for supplier diversity programs, including certifications accepted and links to the most recent supplier diversity reports submitted under:

(1) Section 405-530 of the Department of Central Management Services Law of the Civil Administrative Code of Illinois;

(2) Section 5.3 of the Illinois Health Facilities Planning Act;

(3) Section 8k of the Business Enterprise for Minorities, Women, and Persons with Disabilities Act;

(4) Section 5-57 of the Economic Development for a Growing Economy Tax Credit Act;

(5) Section 5-117 of the Public Utilities Act;

(6) Section 12.2 of the Illinois Horse Racing Act of 1975; or

(7) Section 10 of the Railroad Supplier Diversity Act.

(c) For the purposes of this Section:

"Minority-owned business", "women-owned business", and "business owned by a person with a disability" have the meanings provided under the Business Enterprise for Minorities, Women, and Persons with Disabilities Act.

"Veteran-owned business" means a business which is at least 51% owned by one or more veterans, or, in the case of a corporation, at least 51% of the stock in which is owned by one or more veterans, and the management and daily business operations of which are controlled by one or more of the veterans who own it.

Section 15. The Economic Development for a Growing Economy Tax Credit Act is amended by changing Section 5-57 as follows:

(35 ILCS 10/5-57)

Sec. 5-57. Diversity policy Supplier diversity goals; reports.

(a) Each taxpayer claiming a credit under this Act shall, no later than April 15 of each taxable year for which the taxpayer claims a credit under this Act, submit to the Department of Commerce and Economic Opportunity an annual report containing the information described in subsections (b), (c), (d), and (e) of Section 5-117 of the Public Utilities Act. Those reports shall be submitted in the form and manner required by the Department of Commerce and Economic Opportunity.

(b) Any taxpayer seeking to claim a credit under this Act that fails to timely submit the required report shall not receive a credit for that taxable year unless and until such report is finalized and submitted to the Department. This subsection shall apply only to actual spending, per vendor on an annualized basis, that exceeds $10,000 or 10% of the taxpayer's vendor spending, whichever is less.

(c) Each taxpayer claiming a credit under this Act shall, no later than April 15 of each taxable year for which the taxpayer claims a credit under this Act, submit to the Department an annual report detailing the diversity of the taxpayer's own workforce, including full-time and part-time employees, contractors, and board members. The report shall be submitted in the form and manner required by the Department. Any taxpayer seeking to claim a credit under this Act that fails to timely submit the required report shall not receive a credit for that taxable year unless and until such report is finalized and submitted to the Department.

(Source: P.A. 100-451, eff. 8-25-17; 100-511, eff. 9-18-17.)".