Bill Text: IL HB2903 | 2013-2014 | 98th General Assembly | Introduced
Bill Title: Amends the Elections Code. Provides that records must be kept for all contributions in excess of $50. Repeals the recordkeeping exemption for purchases of licensed raffle tickets valued under $150.
Sponsorship: Partisan Bill (Republican 1)
Status: (Failed) 2014-12-03 - Session Sine Die [HB2903 Detail]
Download: Illinois-2013-HB2903-Introduced.html
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| 1 | AN ACT concerning elections.
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| 2 | Be it enacted by the People of the State of Illinois,
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| 3 | represented in the General Assembly:
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| 4 | Section 5. The Election Code is amended by changing Section | |||||||||||||||||||
| 5 | 9-7 as follows:
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| 6 | (10 ILCS 5/9-7) (from Ch. 46, par. 9-7)
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| 7 | Sec. 9-7. Records and accounts. | |||||||||||||||||||
| 8 | (1) The Except as provided in subsection (2), the treasurer | |||||||||||||||||||
| 9 | of a political committee shall keep a detailed and exact
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| 10 | account of-
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| 11 | (a) the total of all contributions made to or for the | |||||||||||||||||||
| 12 | committee;
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| 13 | (b) the full name and mailing address of every person | |||||||||||||||||||
| 14 | making a
contribution in excess of $50 and the date and | |||||||||||||||||||
| 15 | amount thereof;
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| 16 | (c) the total of all expenditures made by or on behalf | |||||||||||||||||||
| 17 | of the committee;
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| 18 | (d) the full name and mailing address of every person | |||||||||||||||||||
| 19 | to whom any
expenditure is made, and the date and amount | |||||||||||||||||||
| 20 | thereof; and
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| 21 | (e) proof of payment, stating the particulars, for | |||||||||||||||||||
| 22 | every expenditure made by or on behalf of the committee.
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| 23 | The treasurer shall preserve all records and accounts | |||||||||||||||||||
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| 1 | required
by this Section section for a period of 2 years. | ||||||
| 2 | (2) The treasurer of a political committee shall keep a | ||||||
| 3 | detailed and exact account of the total amount of contributions | ||||||
| 4 | made to or for a committee at an event licensed under Section | ||||||
| 5 | 8.1 of the Raffles Act. For an event licensed under Section | ||||||
| 6 | 8.1, the treasurer is not required to keep a detailed and exact | ||||||
| 7 | account of the full name and mailing address of a person who | ||||||
| 8 | purchases tickets at the event in an amount that does not | ||||||
| 9 | exceed $150.
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| 10 | (Source: P.A. 96-832, eff. 1-1-11; 97-766, eff. 7-6-12.)
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