SB1267eng 100TH GENERAL ASSEMBLY

SB1267 Engrossed LRB100 08796 AXK 18935 b

AN ACT concerning transportation.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 1. Short title. This Act may be cited as the Railroad Supplier Diversity Act.

Section 5. Definitions. For purposes of this Act:

(a) "Class I railroad" has the meaning assigned by regulations of the Surface Transportation Board (49 CFR Part 1201; General Instructions 1-1), as those regulations may be revised by the Board (including modifications in class thresholds based on the revenue deflator formula) from time to time.

(b) "Commission" means the Illinois Commerce Commission.

Section 10. Reports. A Class I railroad company may, no later than April 15 of each year, submit to the Commission an annual report containing the information described in subsections (b), (c), (d), and (e) of Section 5-117 of the Public Utilities Act and any other additional information by the railroad company, including, but not limited to, a national supplier diversity report. Any reports voluntarily submitted shall be in a form and manner required by the Commission. The Commission shall accept any reports submitted by a Class I railroad under this Section that contains as much State-specific data as possible.

Section 15. Workshop. The Commission shall hold an annual workshop open to the public on the state of supplier diversity among railroad companies to collaboratively seek solutions to structural impediments to achieving stated goals, including, but not limited to, testimony from each participating railroad company or any subject matter expert or advocate. The workshop under this Section shall not be held on the same date as other workshops held by the Commission.