Bill Text: IL HB4566 | 2023-2024 | 103rd General Assembly | Engrossed

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Bill Title: Reinserts the provisions of the introduced bill with the following changes. Changes the name of the Diversity and Inclusion in Business Organization Leadership Task Force to the Diversity and Inclusion in Business Organization and Nonprofit Organization Leadership Task Force. Directs the task force to identify ways to increase diversity in business organization and nonprofit organization leadership (rather than business organization leadership). Makes conforming changes. Effective immediately.

Spectrum: Partisan Bill (Democrat 14-0)

Status: (Engrossed) 2024-06-26 - Pursuant to Senate Rule 3-9(b) / Referred to Assignments [HB4566 Detail]

Download: Illinois-2023-HB4566-Engrossed.html

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HB4566 Engrossed LRB103 37110 SPS 67229 b
AN ACT concerning business.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 1. Findings and purpose. The General Assembly
finds that women, minorities, persons with disabilities, and
members of the LGBTQ+ community are historically
underrepresented in business organization and nonprofit
organization leadership, both nationally and within the State
of Illinois. Increasing diversity and inclusion at the highest
levels of business organization and nonprofit organization
leadership is in the best interests of the State and its
growing economy. Whether through legislation, public policy,
or public outreach, opportunities exist for expanding
diversity and inclusion to support more women, minorities,
persons with disabilities, and members of the LGBTQ+ community
in business organization and nonprofit organization
leadership.
Section 5. The Business Corporation Act of 1983 is amended
by adding Section 8.13 as follows:
(805 ILCS 5/8.13 new)
Sec. 8.13. Diversity and Inclusion in Business
Organization and Nonprofit Organization Leadership Task Force.

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(a) The Diversity and Inclusion in Business Organization
and Nonprofit Organization Leadership Task Force is created
within the Office of the Secretary of State. The purpose of the
Task Force is to identify ways to increase diversity in
business organization and nonprofit organization leadership
and to make recommendations to the Governor and General
Assembly to achieve that goal.
(b) The Task Force shall consist of the following members:
(1) the Secretary of State or the Secretary's
designee, who shall serve as the chairperson of the Task
Force;
(2) one member of the House of Representatives,
appointed by the Speaker of the House of Representatives;
(3) one member of the House of Representatives,
appointed by the Minority Leader of the House of
Representatives;
(4) one member of the Senate, appointed by the
President of the Senate;
(5) one member of the Senate, appointed by the
Minority Leader of the Senate; and
(6) five members representing nonprofit organizations
led by women, people with disabilities, minorities, or
LGBTQ+ people or women-owned, person with
disability-owned, minority-owned, or LGBTQ+-owned
business organizations or State vendors, appointed by the
Secretary of State.

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(c) The Task Force shall survey the underrepresentation of
minorities, women, persons with disabilities, and members of
the LGBTQ+ community in business organization and nonprofit
organization leadership. The Task Force shall review the
required business or nonprofit filings that require disclosure
of a business organization's or nonprofit organization's
demographic composition, the Business Enterprise Program, the
Business Corporation Act of 1983, the Limited Liability
Company Act, the General Not for Profit Corporation Act of
1986, other relevant business organization and nonprofit
organization statutes, and the Illinois Procurement Code in an
effort to identify areas for improvement that will result in
increasing diversity and inclusion for minorities, women,
persons with disabilities, and members of the LGBTQ+ community
in business organization and nonprofit organization
leadership.
(d) The Task Force may request testimony from any person
or entity that may assist in increasing the understanding of
issues or providing solution-based ideologies that will
improve representation and opportunities for minorities,
women, persons with disabilities, and members of the LGBTQ+
community within business organization and nonprofit
organization leadership and State procurement.
(e) Members of the Task Force shall serve without
compensation for the duration of the Task Force, but they may
be reimbursed for reasonable travel expenses in compliance

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with the Secretary of State's travel rules required for
attendance at meetings.
(f) The Office of the Secretary of State shall provide
administrative and other support to the Task Force.
(g) As soon as practicable, but no later than October 1,
2024, all members of the Task Force shall be appointed. The
Task Force shall meet quarterly in calendar year 2025.
(h) The Task Force shall prepare a report that summarizes
its work and makes recommendations resulting from its
meetings. The Task Force shall submit the report of its
findings and recommendations to the Governor and the General
Assembly by January 1, 2026.
(i) This Section is repealed, and the Task Force is
dissolved, on January 1, 2027.