Bill > SB2302

This bill amends the Business Enterprise for Minorities, Women, and Persons with Disabilities Act to improve the certification process for minority, women, and disability-owned businesses. The key provisions include establishing a minimum 5-year certification period for businesses that receive government certification under the program, which means once a business is certified, their status will be valid for at least 5 years. Additionally, the bill requires certified vendors to proactively inform the Program about any significant changes in their business status or ownership that could potentially affect their certification. The Program is also now mandated to notify vendors at least 6 months before their certification is set to expire, giving businesses ample time to prepare for renewal. These changes aim to provide more stability and predictability for minority-owned, women-owned, and disability-owned businesses seeking government certification, while also ensuring the ongoing accuracy of the certification process.

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2302&GAID=18&DocTypeID=SB&SessionID=114&GA=104