Illinois General Assembly - Full Text of HB2671
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Full Text of HB2671  101st General Assembly

HB2671 101ST GENERAL ASSEMBLY

  
  

 


 
101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
HB2671

 

Introduced , by Rep. Lamont J. Robinson, Jr.

 

SYNOPSIS AS INTRODUCED:
 
30 ILCS 575/8k new

    Amends the Business Enterprise for Minorities, Females, and Persons with Disabilities Act. Requires the Department of Central Management Services to establish a credit program where certain contractors may receive credit applicable to meeting the requirements of the Act based on their utilization of minority owned businesses and female owned businesses. Requires the Department to review the program annually. Sets forth requirements of the program.


LRB101 04831 RJF 49840 b

 

 

A BILL FOR

 

HB2671LRB101 04831 RJF 49840 b

1    AN ACT concerning finance.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Business Enterprise for Minorities,
5Females, and Persons with Disabilities Act is amended by adding
6Section 8k as follows:
 
7    (30 ILCS 575/8k new)
8    Sec. 8k. Credit program. Thirty days after the effective
9date of this amendatory Act of the 101st General Assembly, the
10Department of Central Management Services, in conjunction with
11the Council, shall establish a credit program where contractors
12may receive credit applicable to meeting the requirements of
13this Act based on their utilization of minority owned
14businesses and female owned businesses. The credit program
15shall be reviewed annually by the Department of Central
16Management Services and the Council and may be suspended by the
17Department upon a finding of substantial evidence of fraud in
18connection with the application for credits. The credit program
19shall include the following features:
20        (1) Credits shall be awarded by the board only for the
21    use of minority owned businesses or female owned businesses
22    in projects which do not have affirmative action goals
23    mandated by law or contract or to the extent of use in

 

 

HB2671- 2 -LRB101 04831 RJF 49840 b

1    excess of such mandated affirmative action goals.
2        (2) $1 of credit shall be earned for each $3 of
3    eligible use.
4        (3) Credits shall be awarded only to the party
5    responsible for hiring the minority owned business or
6    female owned business, and if there is more than one
7    responsible party, credits shall be allocated pro rata
8    among such parties in order to prevent duplication.
9        (4) Credits may be applied at the time a contract is
10    awarded against the requirements set forth in this Act to
11    reduce the requirements, dollar of requirement for dollar
12    of credit, up to a maximum credit of 5% of the dollar value
13    of the contract.
14        (5) Credits may not be applied more than one year after
15    being awarded by the Department.