Vetoed by Governor Pat Quinn

Vote Smart's Synopsis:

Vote to pass a bill that places limits on a variety of monetary political contributions and strengthens regulations regarding campaign expenditures and disclosure.

Highlights:

-Mandates that single-candidate committees may accept a maximum of $5,000 per year from any one individual, $10,000 from any one corporation, labor organization, or association, and $90,000 from any one political committee (Sec. 5). -Mandates that multi-candidate and non-candidate committees may accept a maximum of $10,000 per year from any one individual, $20,000 from any one corporation, labor organization, or association, and $90,000 from any one political committee (Sec. 5). -Requires that these limits become effective on January 1st, 2011 (Sec. 5). -Changes the required reports of campaign contributions and expenditures from twice yearly to once every three months (Sec. 5). -Mandates that the State Board of Elections create an online database of all complaints filed with the board, detailing the actions and penalties imposed (Sec. 5).

Full Bill Text

Vote Smart's Synopsis:

Vote to pass a bill that places limits on a variety of monetary political contributions and strengthens regulations regarding campaign expenditures and disclosure.

Highlights:

-Mandates that single-candidate committees may accept a maximum of $5,000 per year from any one individual, $10,000 from any one corporation, labor organization, or association, and $90,000 from any one political committee (Sec. 5). -Mandates that multi-candidate and non-candidate committees may accept a maximum of $10,000 per year from any one individual, $20,000 from any one corporation, labor organization, or association, and $90,000 from any one political committee (Sec. 5). -Requires that these limits become effective on January 1st, 2011 (Sec. 5). -Changes the required reports of campaign contributions and expenditures from twice yearly to once every three months (Sec. 5). -Mandates that the State Board of Elections create an online database of all complaints filed with the board, detailing the actions and penalties imposed (Sec. 5).

Full Bill Text