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SB 145 - Requires Presidential Candidates to Release Tax Returns - Illinois Key Vote

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Title: Requires Presidential Candidates to Release Tax Returns

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Title: Requires Presidential Candidates to Release Tax Returns

Vote Smart's Synopsis:

Vote to pass a bill that requires presidential candidates to release their tax returns in order to appear on the ballot.

Highlights:

 

  • Requires the Secretary of State to post the income tax returns on the Secretary of State’s website after certifying their filing with the State Board of Elections (Sec. 21-1).

  • Specifies that if a candidate for president or vice president has not filed their tax return with the Internal Revenue Service (IRS) for the tax year immediately preceding the year of the general election by the time electors have been chosen, then the candidate must submit their income tax return to the Secretary within 5 days after they file their income tax returns with the IRS (Sec. 21-1).

  • Requires candidate to file their income tax returns when filing a statement of economic interests (Sec. 21-1).

Title: Requires Presidential Candidates to Release Tax Returns

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