ELEC CD-FINANCIAL DISCLOSURES

Summary

The bill amends Illinois' Election Code to force any group that spends $10,000 or more on independent expenditures, or receives $10,000 or more in‑kind contributions for such spending, to keep detailed transfer records and file reports with the State Board of Elections. It also mandates that public communications financed by these groups include specific disclosure information and makes structuring transactions to avoid reporting illegal. The goal is to increase transparency of independent political spending.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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