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IL SB1911
Bill
Status
1/13/2021
Primary Sponsor
Michael Hastings
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AI Summary
SB1911 Summary
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Amends the Business Enterprise for Minorities, Women, and Persons with Disabilities Act by increasing the annual gross sales cap for eligible businesses from $75,000,000 to $150,000,000.
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Defines "person with a disability" to include individuals with severe physical or mental disabilities (such as amputation, autism, blindness, cerebral palsy, deafness, heart disease, intellectual disability, mental illness, multiple sclerosis, and other specified conditions) that substantially limit major life activities.
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Allows businesses owned by a combination of minority persons, women, or persons with disabilities to meet the 51% ownership requirement even if no single class holds 51% alone, with certification category determined by the class holding the largest ownership interest.
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Establishes that a not-for-profit agency for persons with disabilities exempt from federal taxation under Internal Revenue Code Section 501 qualifies as a "business owned by a person with a disability."
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Defines key terms including "minority person," "woman," "minority-owned business," "women-owned business," "state contracts," and "control" to establish eligibility and certification standards for the Business Enterprise Program.
Legislative Description
BUSINESS ENTERPRISE-BUSINESS
Last Action
Session Sine Die
1/13/2021