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SPRINGFIELD – State Senator Christopher Belt’s legislation that will increase minority representation on corporate boards was signed into law today.
Under the legislation, all publicly held corporations whose principal executive offices are located in Illinois will be required to submit information with their annual report regarding the gender and racial/ethnic make-up of their board of directors.
The University of Illinois would then conduct a study to make recommendations on how to improve minority and female representation.
“With this new law, we will be able to pinpoint the corporations who aren’t diversifying,” said Belt (D-Centreville). “Illinois is a very diverse state, and boards should reflect the diversity of its employees, consumers and community.”
Currently, only eight percent of the 77 Illinois Fortune 1000 companies have corporate boards composed of 20 percent or more women. Nationwide, black professionals make up only 6.3 percent of corporate boards. Asian Americans and Latinos make up 3.7 percent and 2 percent, respectively.
House Bill 3394 takes effect immediately.
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St. Clair County – State Senator Christopher Belt (D-Centreville) recently announced a $200,000 grant to construct a 1-mile bike path that will provide accessibility for St. Clair County bikers.
“This bike path will not only provide great recreational opportunities for residents, but it will also increase the eco-friendly transportation options in our district,” Belt said. “I am glad to see the state investing in the Metro East area.”
The bike path will run along Old Collinsville Road and connect to the bike trail from Lebanon Avenue to Rand Lane.
“Bike path projects are excellent investments in safe transportation, creating jobs, boosting local economic development efforts, and improving local and regional recreation opportunities,” said Governor JB Pritzker. “Trails are great places for bike riders, hikers, joggers and families to enjoy spending time outdoors in our beautiful state.”
Read more: Belt Announces $200K Grant for St. Clair County Transit District Trail
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SPRINGFIELD – Legislation sponsored by State Senator Christopher Belt (D-Centreville) that will allow impoverished school districts to issue more bonds to receive additional revenue was recently signed into law.
To calculate their ability to issue bonds, a school district factors in 85 percent of the Equalized Assessed Valuation (EAV) plus the district’s Corporate Personal Property Replacement Tax. Belt’s proposal would count state aid as part of the baseline on which a district can base that 85 percent EAV calculation.
“With this legislation becoming effective, neglected school districts will now have the ability to improve their student’s future,” Belt said. “Making the accommodation of factoring state aid into the formula will help these school districts flourish and provide a better path to closing their achievement gaps.”
Senate Bill 1746 takes effect on Jan. 1, 2020.
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SPRINGFIELD – To help inmates transition out of prison, State Senator Christopher Belt (D-Centreville) sponsored legislation to require the Department of Corrections (DOC) to screen inmates for Medicaid eligibility before being released was, which was recently signed into law.
At this time, the Unified Code of Corrections requires the Department of Corrections (DOC) to give inmates the opportunity to apply for Medicaid at least 45 days before they are discharged and requires DOC to assist them in filling out their application.
“Assisting inmates with Medicaid screening will help reduce the chronic disease rate, which is a major cause of death and disability in Illinois,” Belt said. “We are trying to help inmates from recidivating and one of the best ways to do that is do ensure medical treatment is available upon discharge. This is of utmost importance as it will give them the chance to maintain their health when reintegrated into society.”
Under this proposal, officials of the correctional institution or facility will have a committed person assigned to assist eligible inmates in completing a Medicaid application to ensure they begin receiving benefits immediately upon release.
Senate Bill 1744 takes effect on Jan. 1, 2020.