summary
Introduced
02/26/2021
02/26/2021
In Committee
05/06/2021
05/06/2021
Crossed Over
04/21/2021
04/21/2021
Passed
05/20/2021
05/20/2021
Dead
Signed/Enacted/Adopted
07/30/2021
07/30/2021
Introduced Session
102nd General Assembly
Bill Summary
Amends the Business Corporation Act of 1983. Provides that public corporations must report the self-identified sexual orientation and self-identified gender identity of it directors. Effective January 1, 2022.
AI Summary
This bill amends the Business Corporation Act of 1983 to require public corporations with their principal executive office located in Illinois to report the self-identified sexual orientation and gender identity of their board of directors, in addition to the existing requirement to report the self-identified gender and minority status of their directors. The bill also requires the University of Illinois System to review this information and publish a report with aggregate data and individualized ratings for each corporation based on the representation of women, minorities, and LGBTQ people on their boards of directors. The bill aims to gather more data and study the issue of underrepresentation of these groups in corporate leadership positions in order to implement effective policy changes.
Committee Categories
Business and Industry, Health and Social Services
Sponsors (33)
Dan Didech (D)*,
Emil Jones (D)*,
Carol Ammons (D),
Jonathan Carroll (D),
Kelly Cassidy (D),
Cristina Castro (D),
Deborah Conroy (D),
Terra Costa Howard (D),
Margaret Croke (D),
Thomas Cullerton (D),
Eva-Dina Delgado (D),
Sara Feigenholtz (D),
Jen Gong-Gershowitz (D),
Edgar González (D),
Will Guzzardi (D),
Barbara Hernandez (D),
Maura Hirschauer (D),
Adriane Johnson (D),
Theresa Mah (D),
Joyce Mason (D),
Rita Mayfield (D),
Anna Moeller (D),
Bob Morgan (D),
Julie Morrison (D),
Michelle Mussman (D),
Lamont Robinson (D),
Mike Simmons (D),
Anne Stava-Murray (D),
Katie Stuart (D),
Chris Welch (D),
Ann Williams (D),
Janet Yang Rohr (D),
Sam Yingling (D),
Last Action
Public Act . . . . . . . . . 102-0223 (on 07/30/2021)
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