Illinois House Bill 3541 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 19 2021 - 25% progression, died in committee
Action: 2021-02-22 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Election Code. Includes in the definitions of "political action committee", "ballot initiative committee", and "independent expenditure committee" an organization organized for tax-exempt status under the Internal Revenue Code. Provides that an organization that qualifies for tax-exempt status under the Internal Revenue Code may, in order to comply with the specific reporting provisions that are required of political committees, establish a separate political committee in which the exclusive function is to receive or make contributions, make expenditures, or any combination thereof, to support or oppose candidates or questions of public policy. Allows the nonprofit organizations to create a separate segregated fund in which contributions shall be deposited or made and from which expenditures shall be disbursed. Provides that if the nonprofit organization chooses the option, the disclosure of any deposits of money into the segregated fund shall report the original sources of the money and not the name of the parent nonprofit organization. Effective immediately.

ELEC CD-NONPROFIT ORGS

Rep. Kelly Cassidy [D]

Date	Chamber	Action
2021-02-22	House	Referred to Rules Committee
2021-02-22	House	First Reading
2021-02-19	House	Filed with the Clerk by Rep. Kelly M. Cassidy

Chapter	Article	Section	Citation Type	Statute Text
10	5	9-1.8	Amended Code	Citation Text
10	5	9-6	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3541&GAID=16&DocTypeID=HB&SessionID=110&GA=102
Text	https://www.ilga.gov/legislation/102/HB/10200HB3541.htm