Bill Text: IL HB3956 | 2023-2024 | 103rd General Assembly | Introduced
Bill Title: Amends the Illinois Governmental Ethics Act. Provides additional required economic interests to be listed by specified persons on a statement of economic interests filed under the Act.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced) 2023-03-16 - Added Co-Sponsor Rep. Chris Miller [HB3956 Detail]
Download: Illinois-2023-HB3956-Introduced.html
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1 | AN ACT concerning government.
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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 Illinois Governmental Ethics Act is amended | |||||||||||||||||||
5 | by changing Sections 4A-102, 4A-103, and 4A-104 as follows:
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6 | (5 ILCS 420/4A-102) (from Ch. 127, par. 604A-102)
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7 | Sec. 4A-102. The statement of economic interests required | |||||||||||||||||||
8 | by this Article
shall include the economic interests of the | |||||||||||||||||||
9 | person making the statement as
provided in this Section. | |||||||||||||||||||
10 | (a) The interest (if constructively controlled by the
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11 | person making the statement) of a spouse or any other party, | |||||||||||||||||||
12 | shall be
considered to be the same as the interest of the | |||||||||||||||||||
13 | person making the
statement. Campaign receipts shall not be | |||||||||||||||||||
14 | included in this statement. The following interests shall be | |||||||||||||||||||
15 | listed by all persons required to file: | |||||||||||||||||||
16 | (1) each asset that has a value of more than $10,000 as | |||||||||||||||||||
17 | of the end of the preceding calendar year and is: (i) held | |||||||||||||||||||
18 | in the filer's name, (ii) held jointly by the filer with | |||||||||||||||||||
19 | his or her spouse, or (iii) held jointly by the filer with | |||||||||||||||||||
20 | his or her minor child or children. For a beneficial | |||||||||||||||||||
21 | interest in a trust, the value is based on the total value | |||||||||||||||||||
22 | of the assets either subject to the beneficial interest, | |||||||||||||||||||
23 | or from which income is to be derived for the benefit of |
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1 | the beneficial interest, regardless of whether any | ||||||
2 | distributions have been made for the benefit of the | ||||||
3 | beneficial interest; | ||||||
4 | (2) all sources of income, including the name of each | ||||||
5 | employer with a description of each source in excess of | ||||||
6 | $1,000, without specifying amounts of income; excluding | ||||||
7 | the income from the position that requires the filing of a | ||||||
8 | statement of economic interests under this Act, each | ||||||
9 | source of income in excess of $7,500 during the preceding | ||||||
10 | calendar year (as required to be reported on the filer's | ||||||
11 | federal income tax return covering the preceding calendar | ||||||
12 | year) for the filer and his or her spouse and, if the sale | ||||||
13 | or transfer of an asset produced more than $7,500 in | ||||||
14 | capital gains during the preceding calendar year, the | ||||||
15 | transaction date on which that asset was sold or | ||||||
16 | transferred; | ||||||
17 | (3) each creditor of a debt in excess of $10,000 that, | ||||||
18 | during the preceding calendar year, was: (i) owed by the | ||||||
19 | filer, (ii) owed jointly by the filer with his or her | ||||||
20 | spouse or (iii) owed jointly by the filer with his or her | ||||||
21 | minor child or children; | ||||||
22 | (4) the name of each unit of government of which the | ||||||
23 | filer or his or her spouse was an employee, contractor, or | ||||||
24 | office holder during the preceding calendar year other | ||||||
25 | than the unit or units of government in relation to which | ||||||
26 | the person is required to file and the title of the |
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1 | position or nature of the contractual services; | ||||||
2 | (5) each person known to the filer to be registered as | ||||||
3 | a lobbyist with any unit of government in the State of | ||||||
4 | Illinois: (i) with whom the filer maintains an economic | ||||||
5 | relationship, or (ii) who is a member of the filer's | ||||||
6 | family; | ||||||
7 | (6) each source and type of gift or gifts, or | ||||||
8 | honorarium or honoraria, valued singly or in the aggregate | ||||||
9 | in excess of $500 that was received during the preceding | ||||||
10 | calendar year, excluding any gift or gifts from a member | ||||||
11 | of the filer's family that was not known to the filer to be | ||||||
12 | registered as a lobbyist with any unit of government in | ||||||
13 | the State of Illinois; and | ||||||
14 | (7) the name of any spouse or immediate family member | ||||||
15 | living with such person employed by a public utility in | ||||||
16 | this State and the name of the public utility that employs | ||||||
17 | such person ; . | ||||||
18 | (8) the names of all businesses with which the person | ||||||
19 | is associated; | ||||||
20 | (9) the name of securities in excess of $5,000 at fair | ||||||
21 | market value owned by the person, his or her spouse, or a | ||||||
22 | relative, or held in the name of a corporation, | ||||||
23 | partnership, or trust for the benefit of the person, his | ||||||
24 | or her spouse, or a relative; | ||||||
25 | (10) the existence of any known blind trust and the | ||||||
26 | names of the trustees; |
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1 | (11) all real property and its location, whether owned | ||||||
2 | by the person, his or her spouse, or a relative, or held in | ||||||
3 | the name of a corporation, partnership, or trust for the | ||||||
4 | benefit of the person, his or her spouse, or a relative; | ||||||
5 | and | ||||||
6 | (12) the names and addresses of creditors to whom the | ||||||
7 | person, his or her spouse, or a relative, individually, | ||||||
8 | owed debts of more than $10,000. | ||||||
9 | For the purposes of this Section, the unit of local | ||||||
10 | government in relation to which a person is required to file | ||||||
11 | under item (e) of Section 4A-101.5 shall be the unit of local | ||||||
12 | government that contributes to the pension fund of which such | ||||||
13 | person is a member of the board. | ||||||
14 | (b) Beginning December 1, 2025, and for every 5 years | ||||||
15 | thereafter, the Secretary of State shall adjust the amounts | ||||||
16 | specified under this Section that prompt disclosure under this | ||||||
17 | Act for purposes of inflation as determined by the Consumer | ||||||
18 | Price Index for All Urban Consumers as issued by the United | ||||||
19 | States Department of Labor and rounded to the nearest $100. | ||||||
20 | The Secretary shall publish this information on the official | ||||||
21 | website of the Secretary of State, and make changes to the | ||||||
22 | statement of economic interests form to be completed for the | ||||||
23 | following year. | ||||||
24 | (c) The Secretary of State shall develop and make publicly | ||||||
25 | available on his or her website written guidance relating to | ||||||
26 | the completion and filing of the statement of economic |
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1 | interests upon which a filer may reasonably and in good faith | ||||||
2 | rely.
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3 | (Source: P.A. 101-221, eff. 8-9-19; 102-662, eff. 9-15-21; | ||||||
4 | 102-664, eff. 1-1-22; 102-813, eff. 5-13-22.)
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