BUTLER-CRONIN-KLEMM. (MOFFITT-CLAYTON) 50 ILCS 105/3 from Ch. 102, par. 3 65 ILCS 5/3.1-55-10 Amends the Public Officer Prohibited Activities Act and the Illinois Municipal Code. Provides that a municipal officer is not deemed interested in a company if the officer is an employee of or owns or holds an interest of 1% or less, or both, in the officer's individual name in a company that is involved in the transaction of business with the municipality and that company's stock is traded on a nationally recognized securities market. Provides that a municipal officer is not deemed interested in a company if the officer owns or holds an interest of 1% or less, not in the officer's individual name but through a mutual fund, in a company, that company is involved in the transaction of business with the municipality, and that company's stock is traded on a nationally recognized securities market. Provides that any person serving on a municipal advisory panel or commission or nongoverning board or commission is not prohibited (now is prohibited) from having an interest in the transaction of business with the municipality unless that person's duties include evaluating, recommending, approving, or voting to recommend or approve the business. SENATE AMENDMENT NO. 1. Deletes everything. Amends the Public Officer Prohibited Activities Act and the Illinois Municipal Code. Provides that a member of a governing body may have a 1% ownership interest in an entity providing materials or services to the governing body if the member publicly discloses the interest before or during deliberations of the contract. Provides that a municipal officer is not deemed interested in a company if the officer is an employee of or owns or holds an interest of 1% or less, or both, in the officer's individual name in a company that is involved in the transaction of business with the municipality and that company's stock is traded on a nationally recognized securities market. Provides that a municipal officer is not deemed interested in a company if the officer owns or holds an interest of 1% or less, not in the officer's individual name but through a mutual fund, in a company, that company is involved in the transaction of business with the municipality, and that company's stock is traded on a nationally recognized securities market. Provides that any person serving on a municipal advisory panel or commission or nongoverning board or commission is not prohibited (now is prohibited) from having an interest in the transaction of business with the municipality unless that person's duties include evaluating, recommending, approving, or voting to recommend or approve the business. Makes other changes. SENATE AMENDMENT NO. 2. Makes technical changes. 97-02-06 S FIRST READING 97-02-06 S REFERRED TO SENATE RULES COMMITTEE RULES 97-02-19 S ASSIGNED TO COMMITTEE LOC GOV & ELE 97-03-05 S HELD IN COMMITTEE 97-03-06 S SPONSOR REMOVED KLEMM 97-03-06 S CHIEF SPONSOR CHANGED TO BUTLER 97-03-06 S ADDED AS A CHIEF CO-SPONSOR CRONIN 97-03-06 S ADDED AS A CHIEF CO-SPONSOR KLEMM 97-03-11 S AMENDMENT NO. 01-LOCAL GOVERN S 97-03-11 S ADOPTED 97-03-11 S DO PASS AS AMENDED 008-000-000 SLGV 97-03-11 S PLACED ON CALENDAR ORDER OF 2ND READING 97-03-12 97-03-12 S SECOND READING 97-03-12 S PLACED ON CALENDAR ORDER OF 3RD READING 97-03-13 97-03-13 S FILED WITH SECRETARY 97-03-13 S AMENDMENT NO. 02-BUTLER 97-03-13 S AMENDMENT REFERRED TO SRUL 97-03-14 S AMENDMENT NO. 02-BUTLER 97-03-14 S BE APPROVED FOR CONSIDERATION SRUL 97-03-17 S RECALLED TO SECOND READING 97-03-17 S AMENDMENT NO. 02-BUTLER 97-03-17 S ADOPTED 97-03-17 S PLACED ON CALENDAR ORDER OF 3RD READING 97-03-18 97-03-18 S THIRD READING - PASSED 056-000-000 97-03-18 H ARRIVE IN HOUSE 97-03-18 H PLACED CALENDAR ORDER OF FIRST READING 97-03-19 H HOUSE SPONSOR CLAYTON 97-03-19 H FIRST READING 97-03-19 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-03-21 H ASSIGNED TO COMMITTEE LOCAL GOVT 97-04-24 H ALTERNATE PRIMARY SPONSOR CHANGED TO MOFFITT 97-04-24 H ADDED AS A JOINT SPONSOR CLAYTON 97-05-01 H DO PASS/SHORT DEBATE 017-000-000 HLGV 97-05-01 H PLACED CALENDAR 2ND READING-SHORT DEBATE 97-05-06 H SECOND READING-SHORT DEBATE 97-05-06 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 97-05-15 H THIRD READING/SHORT DEBATE/PASSED 118-000-000 97-05-15 S PASSED BOTH HOUSES 97-06-13 S SENT TO THE GOVERNOR 97-08-10 S GOVERNOR APPROVED 97-08-10 S EFFECTIVE DATE 98-01-01 97-08-10 S PUBLIC ACT.............................. 90-0364 END OF INQUIRY Full Text Bill Summary