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| | 101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020 HB0290 Introduced , by Rep. David McSweeney SYNOPSIS AS INTRODUCED: |
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Creates the Self-Funding Limitation Act. Prohibits a person from expending or contributing more than $5,000,000 to a political committee of which he or she is a beneficiary.
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| | A BILL FOR |
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| | HB0290 | | LRB101 04975 SMS 49984 b |
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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 1. Short title. This Act may be cited as the |
5 | | Self-Funding Limitation Act. |
6 | | Section 5. Definitions. As used in this Act: |
7 | | "Contribute" means to make a contribution, as that term is |
8 | | defined in Section 9-1.4 of the Election Code. |
9 | | "Expend" means to make an expenditure, as that term is |
10 | | defined in Section 9-1.5 of the Election Code. |
11 | | "Political committee" has the same meaning given to that |
12 | | term in Section 9-1.8 of the Election Code. |
13 | | Section 10. Self-funding limitation. Notwithstanding any |
14 | | other law to the contrary, no person shall contribute or expend |
15 | | more than $5,000,000 to a political committee of which he or |
16 | | she is a beneficiary during a 2-year period that begins the day |
17 | | after a general election and ends through the next general |
18 | | election day.
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