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

NOTE: There are more recent revisions of this legislation. Read Latest Draft

---

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-Introduced.html

---

103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB4566 Introduced , by Rep. Camille Y. Lilly SYNOPSIS AS INTRODUCED:
805 ILCS 5/8.13 new
Amends the Business Corporation Act of 1983. Creates the Diversity and Inclusion in Business Organizations Leadership Task Force within the Office of the Secretary of State. Provides that the purpose of the Task Force is to identify ways to increase diversity in business organization leadership and to make recommendations to the Governor and General Assembly to achieve that goal. Provides that the Task Force shall submit a report of its findings and recommendations to the Governor and the General Assembly by January 1, 2026. Sets forth provisions concerning duties, membership, and administrative support. Repeals the provision that creates the Task Force and dissolves the Task Force on January 1, 2027. Effective immediately.
LRB103 37110 SPS 67229 b
A BILL FOR
HB4566 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 leadership, both
nationally and within the State of Illinois. Increasing
diversity and inclusion at the highest levels of business
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 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 Leadership Task Force.
(a) The Diversity and Inclusion in Business Organization
Leadership Task Force is created within the Office of the

HB4566 - 2 - LRB103 37110 SPS 67229 b
Secretary of State. The purpose of the Task Force is to
identify ways to increase diversity in business 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 women-owned, person with
disability-owned, minority-owned, or LGBTQ+-owned
business organizations or State vendors, appointed by the
Secretary of State.
(c) The Task Force shall survey the underrepresentation of
minorities, women, persons with disabilities, and members of
the LGBTQ+ community in business organization leadership. The
Task Force shall review the required business filings that
require disclosure of a business organization's demographic

HB4566 - 3 - LRB103 37110 SPS 67229 b
composition, the Business Enterprise Program, the Business
Corporation Act of 1983, the Limited Liability Company Act,
other relevant business 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
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 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
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

HB4566 - 4 - LRB103 37110 SPS 67229 b
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.