IL HB0718

Creates the Racial Equity Analysis Act to establish a framework for racial equity assessment in state programs and initiatives.

Requires the Illinois Human Rights Commission to create a Racial Equity Analysis Toolkit by July 1, 2022.

Mandates all state agencies and departments implementing new developments, initiatives, policies, or programs with more than $1,000,000 in state funding that significantly affect surrounding communities to use the toolkit by January 1, 2023.

Defines "racial equity" as outcomes where race does not determine or predict results.

Grants the Illinois Human Rights Commission authority to determine whether a new development, initiative, policy, or program significantly impacts a surrounding community.