Bill Text: IL HR0163 | 2013-2014 | 98th General Assembly | Introduced
Bill Title: Urges the boards of directors and shareholders of all Illinois corporations to properly reflect the ethnic, racial, and gender diversity of the State in the membership of their corporate boards and encourage those boards and shareholders to inform the General Assembly of the ethnic, racial, and gender diversity of the membership of their corporate boards on an annual basis. Urges the Governor's Office, the Office of Management and Budget, Central Management Services, the State Treasurer, the Comptroller, and the Illinois Finance Authority to take steps to make sure that their corporate and financial partnerships, vendors, and contractors have boards of directors that are reflective of our State and its citizens.
Spectrum: Partisan Bill (Democrat 21-1)
Status: (Passed) 2013-05-01 - Added Co-Sponsor Rep. Monique D. Davis [HR0163 Detail]
Download: Illinois-2013-HR0163-Introduced.html
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1 | HOUSE RESOLUTION
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2 | WHEREAS, According to the United States Census Bureau, | ||||||
3 | African-Americans made up 14.8% of the population of the State | ||||||
4 | of Illinois in 2011; and
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5 | WHEREAS, In a Chicago Urban League survey of 160 corporate | ||||||
6 | boards based in Chicago and the surrounding region, the group | ||||||
7 | found that 101 of 1,527 directors, or roughly 6.6%, are | ||||||
8 | African-American; and
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9 | WHEREAS, The study found that 73 companies have no | ||||||
10 | African-American board members, while 71 companies have one and | ||||||
11 | 12 companies have two; only the McDonald's Corporation and the | ||||||
12 | Compuware Corporation have three African-American board | ||||||
13 | members; and
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14 | WHEREAS, While more than 50% of the companies surveyed have | ||||||
15 | at least one African-American on their board, several of the | ||||||
16 | Chicago area's largest companies have none, including Sears | ||||||
17 | Holdings Corporation, United Continental Holdings Corporation, | ||||||
18 | Navistar International Corporation, Motorola Mobility Holdings | ||||||
19 | Inc., Aon PLC, CAN Financial Corporation, and CF Industries | ||||||
20 | Holdings Inc.; and
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21 | WHEREAS, In 2011, the Navistar International Corporation |
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1 | received $64.7 million in tax incentives from the State, while | ||||||
2 | Motorola Mobility Holdings Inc. received $110 million and the | ||||||
3 | Sears Holdings Corporation received $150 million; and
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4 | WHEREAS, A more accurate reflection of the great diversity | ||||||
5 | of this State in the corporate world is needed and would be | ||||||
6 | beneficial to both public and private interests; therefore, be | ||||||
7 | it
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8 | RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE | ||||||
9 | NINETY-EIGHTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that | ||||||
10 | we urge the boards of directors and shareholders of all | ||||||
11 | Illinois corporations to properly reflect the ethnic, racial, | ||||||
12 | and gender diversity of the State in the membership of their | ||||||
13 | corporate boards; and be it further
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14 | RESOLVED, That we encourage those boards and shareholders | ||||||
15 | to inform the General Assembly of the ethnic, racial, and | ||||||
16 | gender diversity of the membership of their corporate boards on | ||||||
17 | an annual basis; and be it further
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18 | RESOLVED, That we urge the Governor's Office, the Office of | ||||||
19 | Management and Budget, Central Management Services, the State | ||||||
20 | Treasurer, the Comptroller, and the Illinois Finance Authority | ||||||
21 | to take steps to ensure that their corporate and financial | ||||||
22 | partnerships, vendors, and contractors have boards of |
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1 | directors that are reflective of our State and its diverse | ||||||
2 | citizenry; and be it further
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3 | RESOLVED, That suitable copies of this resolution be made | ||||||
4 | available to Andrea L. Zopp,
President and Chief Executive | ||||||
5 | Officer of the Chicago Urban League; John W. Rogers, Jr.,
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6 | Chairman and CEO of
Ariel Investments LLC; Hedy Ratner,
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7 | Co-Founder of the
Chicago Women's Business and Development | ||||||
8 | Center; Patrick J. Canning,
Chicago Managing Partner of
KPMG | ||||||
9 | LLP; Michele J. Hooper,
Co-Founder
of the Directors' Council;
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10 | William Osborn, CEO
(Retired) of Northern Trust;
Mellody | ||||||
11 | Hobson,
President
of Ariel Investments LLC;
William Von Hoene, | ||||||
12 | Jr.,
Senior Executive Vice President
and Chief Strategy Officer
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13 | of the Exelon Corporation;
Chicago Crain's Business; and | ||||||
14 | Attorney Jim Montgomery.
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