1. (a) The Authority shall enter into a marketing agreement with a not-for-profit organization headquartered in Chicago and recognized by the Department of Commerce and Economic Opportunity as a certified local tourism and convention bureau entitled to receive State tourism grant funds, provided the bylaws of the organization establish a board of the organization that is comprised of 35 members serving 3-year staggered terms, including the following:

   1. (1) no less than 8 members appointed by the Mayor of Chicago, to include:

      1. (A) a Chair of the board of the organization appointed by the Mayor of the City of Chicago from among the business and civic leaders of Chicago who are not engaged in the hospitality business or who have not served as a member of the Board or as chief executive officer of the Authority; and
      2. (B) 7 members from among the cultural, economic development, or civic leaders of Chicago;
   2. (2) the chairperson of the interim board or Board of the Authority, or his or her designee;
   3. (3) a representative from the department in the City of Chicago that is responsible for the operation of Chicago-area airports;
   4. (4) a representative from the department in the City of Chicago that is responsible for the regulation of Chicago-area livery vehicles;

   5. (5) at least 1, but no more than:

      1. (A) 2 members from the hotel industry;
      2. (B) 2 members representing Chicago arts and cultural institutions or projects;
      3. (C) 2 members from the restaurant industry;
      4. (D) 2 members employed by or representing an entity responsible for a trade show;
      5. (E) 2 members representing unions;
      6. (F) 2 members from the attractions industry; and

   6. (6) 7 members appointed by the Governor, including the Director of the Illinois Department of Commerce and Economic Opportunity, ex officio, as well as 3 members from the hotel industry and 3 members representing Chicago arts and cultural institutions or projects. The bylaws of the organization may provide for the appointment of a City of Chicago alderperson as an ex officio member, and may provide for other ex officio members who shall serve terms of one year.

      Persons with a real or apparent conflict of interest shall not be appointed to the board. Members of the board of the organization shall not serve more than 2 terms. The bylaws shall require the following: (i) that the Chair of the organization name no less than 5 and no more than 9 members to the Executive Committee of the organization, one of whom must be the chairperson of the interim board or Board of the Authority, and (ii) a provision concerning conflict of interest and a requirement that a member abstain from participating in board action if there is a threat to the independence of judgment created by any conflict of interest or if participation is likely to have a negative effect on public confidence in the integrity of the board.

2. (b) The Authority shall notify the Department of Revenue within 10 days after entering into a contract pursuant to this Section.

(Source: P.A. 102-15, eff. 6-17-21; 102-16, eff. 6-17-21; 102-687, eff. 12-17-21.)