103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 SB3425 Introduced 2/8/2024, by Sen. Christopher Belt SYNOPSIS AS INTRODUCED: 30 ILCS 575/8i Amends the Business Enterprise for Minorities, Women, and Persons with Disabilities Act. In provisions requiring State agencies and public institutions of higher education to encourage prime vendors to amend a contract with no contract goal, provides that, if a prime vendor is not willing to amend a contract to include the recommended goal of the State agency or public institution of higher education, the contract shall be rebid immediately. LRB103 38102 MXP 68234 b A BILL FOR 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 SB3425 Introduced 2/8/2024, by Sen. Christopher Belt SYNOPSIS AS INTRODUCED: 30 ILCS 575/8i 30 ILCS 575/8i Amends the Business Enterprise for Minorities, Women, and Persons with Disabilities Act. In provisions requiring State agencies and public institutions of higher education to encourage prime vendors to amend a contract with no contract goal, provides that, if a prime vendor is not willing to amend a contract to include the recommended goal of the State agency or public institution of higher education, the contract shall be rebid immediately. LRB103 38102 MXP 68234 b LRB103 38102 MXP 68234 b A BILL FOR 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 SB3425 Introduced 2/8/2024, by Sen. Christopher Belt SYNOPSIS AS INTRODUCED: 30 ILCS 575/8i 30 ILCS 575/8i 30 ILCS 575/8i Amends the Business Enterprise for Minorities, Women, and Persons with Disabilities Act. In provisions requiring State agencies and public institutions of higher education to encourage prime vendors to amend a contract with no contract goal, provides that, if a prime vendor is not willing to amend a contract to include the recommended goal of the State agency or public institution of higher education, the contract shall be rebid immediately. LRB103 38102 MXP 68234 b LRB103 38102 MXP 68234 b LRB103 38102 MXP 68234 b A BILL FOR SB3425LRB103 38102 MXP 68234 b SB3425 LRB103 38102 MXP 68234 b SB3425 LRB103 38102 MXP 68234 b 1 AN ACT concerning finance. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 5. The Business Enterprise for Minorities, Women, 5 and Persons with Disabilities Act is amended by changing 6 Section 8i as follows: 7 (30 ILCS 575/8i) 8 (Section scheduled to be repealed on June 30, 2029) 9 Sec. 8i. Renewals. State agencies and public institutions 10 of higher education shall: 11 (a) review all existing contracts prior to the time of 12 renewal to determine if the contract goal is being met by 13 the prime vendor; 14 (b) review all existing contracts prior to the time of 15 renewal to determine if the contract goal should be 16 increased based upon market conditions and availability of 17 firms certified pursuant to this Act; 18 (c) review existing contracts with no contract goal to 19 determine if a goal can be established; if it is 20 determined that a contract goal can be established, the 21 State agency or public institution of higher education 22 shall encourage the prime vendor to amend the contract to 23 include the contract goal; if a prime vendor is not 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 SB3425 Introduced 2/8/2024, by Sen. Christopher Belt SYNOPSIS AS INTRODUCED: 30 ILCS 575/8i 30 ILCS 575/8i 30 ILCS 575/8i Amends the Business Enterprise for Minorities, Women, and Persons with Disabilities Act. In provisions requiring State agencies and public institutions of higher education to encourage prime vendors to amend a contract with no contract goal, provides that, if a prime vendor is not willing to amend a contract to include the recommended goal of the State agency or public institution of higher education, the contract shall be rebid immediately. LRB103 38102 MXP 68234 b LRB103 38102 MXP 68234 b LRB103 38102 MXP 68234 b A BILL FOR 30 ILCS 575/8i LRB103 38102 MXP 68234 b SB3425 LRB103 38102 MXP 68234 b SB3425- 2 -LRB103 38102 MXP 68234 b SB3425 - 2 - LRB103 38102 MXP 68234 b SB3425 - 2 - LRB103 38102 MXP 68234 b SB3425 - 2 - LRB103 38102 MXP 68234 b