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| | 104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HB3540 Introduced 2/18/2025, by Rep. Katie Stuart SYNOPSIS AS INTRODUCED:
| | | Amends the Business Enterprise for Minorities, Women, and Persons with Disabilities Act. Provides that certifications granted under the Act on or after the effective date of the amendatory Act shall be active for a minimum of 5 years. Provides that certified vendors shall inform the Program of any changes in the vendor's business status or ownership that may impact the vendor's certification status. Provides that Program staff shall inform the vendor no later than 6 months before the vendor's certification expires. |
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| | A BILL FOR |
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| | HB3540 | | LRB104 10178 HLH 20250 b |
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| 1 | | AN ACT concerning finance.
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| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Business Enterprise for Minorities, Women, |
| 5 | | and Persons with Disabilities Act is amended by adding Section |
| 6 | | 4.1 as follows:
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| 7 | | (30 ILCS 575/4.1 new) |
| 8 | | Sec. 4.1. Term of certification. Certifications granted |
| 9 | | under this Act on or after the effective date of this |
| 10 | | amendatory Act of the 104th General Assembly shall be active |
| 11 | | for a minimum of 5 years. Certified vendors shall inform the |
| 12 | | Program of any changes in the vendor's business status or |
| 13 | | ownership that may impact the vendor's certification status. |
| 14 | | Program staff shall inform the vendor at least 6 months before |
| 15 | | the vendor's certification expires. |