Bill Text: IL HB4549 | 2015-2016 | 99th General Assembly | Introduced

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Bill Title: Amends the Election 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: (Introduced - Dead) 2016-04-22 - Rule 19(a) / Re-referred to Rules Committee [HB4549 Detail]

Download: Illinois-2015-HB4549-Introduced.html

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99TH GENERAL ASSEMBLY State of Illinois 2015 and 2016 HB4549 Introduced , by Rep. David Reis SYNOPSIS AS INTRODUCED:
10 ILCS 5/9-7 from Ch. 46, par. 9-7
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.
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A BILL FOR
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AN ACT concerning elections.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Election Code is amended by changing Section
9-7 as follows:
(10 ILCS 5/9-7) (from Ch. 46, par. 9-7)
Sec. 9-7. Records and accounts.
(1) The Except as provided in subsection (2), the treasurer
of a political committee shall keep a detailed and exact
account of-
(a) the total of all contributions made to or for the
committee;
(b) the full name and mailing address of every person
making a contribution in excess of $50 and the date and
amount thereof;
(c) the total of all expenditures made by or on behalf
of the committee;
(d) the full name and mailing address of every person
to whom any expenditure is made, and the date and amount
thereof; and
(e) proof of payment, stating the particulars, for
every expenditure made by or on behalf of the committee.
The treasurer shall preserve all records and accounts

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required by this Section section for a period of 2 years.
(2) The treasurer of a political committee shall keep a
detailed and exact account of the total amount of contributions
made to or for a committee at an event licensed under Section
8.1 of the Raffles and Poker Runs Act. For an event licensed
under Section 8.1, the treasurer is not required to keep a
detailed and exact account of the full name and mailing address
of a person who purchases tickets at the event in an amount
that does not exceed $150.
(Source: P.A. 97-766, eff. 7-6-12; 98-644, eff. 6-10-14.)