IL HB3748

Amends the Business Enterprise for Minorities, Females, and Persons with Disabilities Act to establish aspirational goals for state contract awards: at least 20% to minority, female, and disabled-owned businesses combined, with minimum sub-allocations of 11% for minorities, 7% for females, and 2% for persons with disabilities

Modifies state construction contract goals to 20% for minority and female-owned businesses combined, with 50% of that amount directed to female-owned businesses; excludes persons with disabilities from construction contract requirements

Establishes separate 25% goal for minority and disability-owned businesses and 5% goal for female-owned businesses for University of Illinois Olympic and Paralympic Games-related contracts

Requires state agencies to notify unsuccessful bidders of deficiencies in meeting participation goals and allow up to 10 days to cure by adding minority or female-owned subcontractors; prohibits termination of identified certified subcontractors without written state consent

Extends the repeal date of the act from June 30, 2016 to June 30, 2020