New District Reporting Requirements for Vendors & Subcontractors
35 ILCS 200/18-50.2 mandates specified taxing districts, including both home rule and non-home rule municipalities, to make a good faith effort to collect and publish certain demographic information provided by vendors and subcontractors doing business with the taxing district.
Specifically, all school districts that have an annual property tax levy of more than $5 million are required to make a good faith effort to collect information as to whether the vendor or subcontractor is a minority, women or veteran-owned business. Learn more on how to respond to this new law in the fact sheet linked below.
VIEW THE FACT SHEET HERE