Illinois Statutes

§ 20-10

Illinois·Topic BUSINESS AND EMPLOYMENT·Ch. 805 BUSINESS ORGANIZATIONS·Act 805 ILCS 155/ Clean Energy Jobs and Justice Fund Act.
(Section scheduled to be repealed on September 15, 2045) Sec. 20-10. Definitions. As used in this Act: "Black, indigenous, and people of color" or "BIPOC" means people who are members of the groups described in subparagraphs (a) through (e) of paragraph (A) of subsection (1) of Section 2 of the Business Enterprise for Minorities, Women, and Persons with Disabilities Act. "Board" means the Board of Directors of the Clean Energy Jobs and Justice Fund. "Contractor of color" means a business entity that is at least 51% owned by one or more BIPOC persons, or in the case of a corporation, at least 51% of the corporation's stock is owned by one or more BIPOC persons, and the management and daily business operations of which are controlled by one or more of the BIPOC persons who own it. A contract

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Legislative History

(Source: P.A. 102-662, eff. 9-15-21.)

Nearby Sections

15
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