Illinois General Assembly - Bill Status for SB1334

Replaces everything after the enacting clause. Amends the Business Enterprise for Minorities, Females, and Persons with Disabilities Act. Makes various changes in definitions. Provides that the Act applies to all public institutions of higher education (rather than all State universities). Provides that each State agency and public institution of higher education that manages professional service contracts shall adopt policies and implementation procedures for increasing the use of businesses owned by minorities, females, and persons with disabilities to not less than 20% of State contracts. Provides that the Business Enterprise Council shall file an annual report with the Governor and the General Assembly no later than March 1 of each year. Provides that the annual report shall include a summary detailing expenditures (rather than a summary detailing State appropriations). Makes other changes. Effective immediately.

Replaces everything after the enacting clause. Reinserts the contents of Senate Amendment 1 with the following changes: defines "State contracts" as not subject to federal reimbursement. Provides that not less than 20% (currently, 10%) of the total dollar amount of State construction contracts is established as a goal to be awarded to minority and females owned businesses. Provides that each State agency and public institution of higher education is encouraged by the State to use businesses owned by minorities, females, and persons with disabilities in the area of goods and services (currently, professional services). Defines "architectural and engineering service". Defines "insurance broker" (rather than "emerging insurance broker"). Provides that except as defined by the Illinois Procurement Code (currently, the Illinois Purchasing Act), each agency and public institution of higher education shall notify the Business Enterprise Council for Minorities, Females, and Persons with Disabilities of proposed contracts. Makes related changes. Effective immediately.

Replaces everything after the enacting clause. Reinserts the contents of the engrossed bill with the following changes: provides that "State contracts" includes those contracts entered into by the State, any agency or department thereof, or any public institution of higher education, but does not include contracts awarded by a retirement system, pension fund, or investment board subject to the Illinois Pension Code. Defines "business" as a business that has annual gross sales of less than $75,000,000 ($150,000,000 in the bill as amended). Defines "emerging investment manager" as an investment manager having assets under management below $10 billion (currently, $20 billion). Provides that those who submit bids or proposals for State construction contracts whose bids or proposals are successful but that fail to meet the goals shall be afforded a period to cure that deficiency in the bid or proposal (currently, those who submit bids or proposals for State construction contracts shall not be given a period after the bid or proposal is submitted to cure deficiencies in the bid or proposal). Amends the Illinois Pension Code. Adds a goal to the Code to use emerging investment managers for not less than 20% of the total funds under management. Effective immediately.

Replaces everything after the enacting clause. Reinserts the contents of the bill as amended by House Amendment No. 2 with the following changes: provides that 20% of the total dollar amount of State construction contracts shall be established as an aspirational goal (currently, goal) to be awarded to minority and female owned businesses; makes corresponding changes. Provides that a deficiency in the bid or proposal may only be cured by contracting with additional subcontractors who are owned by minorities, females, or, where applicable, persons with disabilities (currently, by hiring additional personnel who are minorities, females, or persons with disabilities, or by contracting with additional subcontractors who are owned by minorities, females, or persons with disabilities), but in no case shall an identified subcontractor with a certification be terminated from the contract without the written consent of the State agency or public institution of higher education entering the contract. Sets forth provisions concerning the Business Enterprise Council reporting information for each community college district. Effective immediately.

Changes a reference from 30 days to 10 days in which to cure a deficiency for a bid or proposal for State construction contracts. With respect to a deficiency in the bid or proposal that may only be cured by contracting with additional subcontractors who are owned by minorities or females, removes a reference to subcontractors who are owned by persons with disabilities.

Provides that for awards for contracts for certain services, "public institution of higher education" does not include a community college. Provides that, for such contracts, when a community college awards a contract for services, it shall be the aspirational goal of each community college to use businesses owned by minorities, females, and persons with disabilities for not less than 20% of the total amount spent on contracts for the services collectively. Provides that when a community college awards contracts for investment services, contracts awarded to investment managers who are not emerging investment managers shall not be considered businesses owned by minorities, females, or persons with disabilities.

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