103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB3956 Introduced , by Rep. Blaine Wilhour SYNOPSIS AS INTRODUCED: 5 ILCS 420/4A-102 from Ch. 127, par. 604A-102 Amends the Illinois Governmental Ethics Act. Provides additional required economic interests to be listed by specified persons on a statement of economic interests filed under the Act. LRB103 27225 DTM 53595 b A BILL FOR 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB3956 Introduced , by Rep. Blaine Wilhour SYNOPSIS AS INTRODUCED: 5 ILCS 420/4A-102 from Ch. 127, par. 604A-102 5 ILCS 420/4A-102 from Ch. 127, par. 604A-102 Amends the Illinois Governmental Ethics Act. Provides additional required economic interests to be listed by specified persons on a statement of economic interests filed under the Act. LRB103 27225 DTM 53595 b LRB103 27225 DTM 53595 b A BILL FOR 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB3956 Introduced , by Rep. Blaine Wilhour SYNOPSIS AS INTRODUCED: 5 ILCS 420/4A-102 from Ch. 127, par. 604A-102 5 ILCS 420/4A-102 from Ch. 127, par. 604A-102 5 ILCS 420/4A-102 from Ch. 127, par. 604A-102 Amends the Illinois Governmental Ethics Act. Provides additional required economic interests to be listed by specified persons on a statement of economic interests filed under the Act. LRB103 27225 DTM 53595 b LRB103 27225 DTM 53595 b LRB103 27225 DTM 53595 b A BILL FOR HB3956LRB103 27225 DTM 53595 b HB3956 LRB103 27225 DTM 53595 b HB3956 LRB103 27225 DTM 53595 b 1 AN ACT concerning government. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 5. The Illinois Governmental Ethics Act is amended 5 by changing Sections 4A-102, 4A-103, and 4A-104 as follows: 6 (5 ILCS 420/4A-102) (from Ch. 127, par. 604A-102) 7 Sec. 4A-102. The statement of economic interests required 8 by this Article shall include the economic interests of the 9 person making the statement as provided in this Section. 10 (a) The interest (if constructively controlled by the 11 person making the statement) of a spouse or any other party, 12 shall be considered to be the same as the interest of the 13 person making the statement. Campaign receipts shall not be 14 included in this statement. The following interests shall be 15 listed by all persons required to file: 16 (1) each asset that has a value of more than $10,000 as 17 of the end of the preceding calendar year and is: (i) held 18 in the filer's name, (ii) held jointly by the filer with 19 his or her spouse, or (iii) held jointly by the filer with 20 his or her minor child or children. For a beneficial 21 interest in a trust, the value is based on the total value 22 of the assets either subject to the beneficial interest, 23 or from which income is to be derived for the benefit of 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB3956 Introduced , by Rep. Blaine Wilhour SYNOPSIS AS INTRODUCED: 5 ILCS 420/4A-102 from Ch. 127, par. 604A-102 5 ILCS 420/4A-102 from Ch. 127, par. 604A-102 5 ILCS 420/4A-102 from Ch. 127, par. 604A-102 Amends the Illinois Governmental Ethics Act. Provides additional required economic interests to be listed by specified persons on a statement of economic interests filed under the Act. LRB103 27225 DTM 53595 b LRB103 27225 DTM 53595 b LRB103 27225 DTM 53595 b A BILL FOR 5 ILCS 420/4A-102 from Ch. 127, par. 604A-102 LRB103 27225 DTM 53595 b HB3956 LRB103 27225 DTM 53595 b HB3956- 2 -LRB103 27225 DTM 53595 b HB3956 - 2 - LRB103 27225 DTM 53595 b HB3956 - 2 - LRB103 27225 DTM 53595 b 1 the beneficial interest, regardless of whether any 2 distributions have been made for the benefit of the 3 beneficial interest; 4 (2) all sources of income, including the name of each 5 employer with a description of each source in excess of 6 $1,000, without specifying amounts of income; excluding 7 the income from the position that requires the filing of a 8 statement of economic interests under this Act, each 9 source of income in excess of $7,500 during the preceding 10 calendar year (as required to be reported on the filer's 11 federal income tax return covering the preceding calendar 12 year) for the filer and his or her spouse and, if the sale 13 or transfer of an asset produced more than $7,500 in 14 capital gains during the preceding calendar year, the 15 transaction date on which that asset was sold or 16 transferred; 17 (3) each creditor of a debt in excess of $10,000 that, 18 during the preceding calendar year, was: (i) owed by the 19 filer, (ii) owed jointly by the filer with his or her 20 spouse or (iii) owed jointly by the filer with his or her 21 minor child or children; 22 (4) the name of each unit of government of which the 23 filer or his or her spouse was an employee, contractor, or 24 office holder during the preceding calendar year other 25 than the unit or units of government in relation to which 26 the person is required to file and the title of the HB3956 - 2 - LRB103 27225 DTM 53595 b HB3956- 3 -LRB103 27225 DTM 53595 b HB3956 - 3 - LRB103 27225 DTM 53595 b HB3956 - 3 - LRB103 27225 DTM 53595 b 1 position or nature of the contractual services; 2 (5) each person known to the filer to be registered as 3 a lobbyist with any unit of government in the State of 4 Illinois: (i) with whom the filer maintains an economic 5 relationship, or (ii) who is a member of the filer's 6 family; 7 (6) each source and type of gift or gifts, or 8 honorarium or honoraria, valued singly or in the aggregate 9 in excess of $500 that was received during the preceding 10 calendar year, excluding any gift or gifts from a member 11 of the filer's family that was not known to the filer to be 12 registered as a lobbyist with any unit of government in 13 the State of Illinois; and 14 (7) the name of any spouse or immediate family member 15 living with such person employed by a public utility in 16 this State and the name of the public utility that employs 17 such person; . 18 (8) the names of all businesses with which the person 19 is associated; 20 (9) the name of securities in excess of $5,000 at fair 21 market value owned by the person, his or her spouse, or a 22 relative, or held in the name of a corporation, 23 partnership, or trust for the benefit of the person, his 24 or her spouse, or a relative; 25 (10) the existence of any known blind trust and the 26 names of the trustees; HB3956 - 3 - LRB103 27225 DTM 53595 b HB3956- 4 -LRB103 27225 DTM 53595 b HB3956 - 4 - LRB103 27225 DTM 53595 b HB3956 - 4 - LRB103 27225 DTM 53595 b 1 (11) all real property and its location, whether owned 2 by the person, his or her spouse, or a relative, or held in 3 the name of a corporation, partnership, or trust for the 4 benefit of the person, his or her spouse, or a relative; 5 and 6 (12) the names and addresses of creditors to whom the 7 person, his or her spouse, or a relative, individually, 8 owed debts of more than $10,000. 9 For the purposes of this Section, the unit of local 10 government in relation to which a person is required to file 11 under item (e) of Section 4A-101.5 shall be the unit of local 12 government that contributes to the pension fund of which such 13 person is a member of the board. 14 (b) Beginning December 1, 2025, and for every 5 years 15 thereafter, the Secretary of State shall adjust the amounts 16 specified under this Section that prompt disclosure under this 17 Act for purposes of inflation as determined by the Consumer 18 Price Index for All Urban Consumers as issued by the United 19 States Department of Labor and rounded to the nearest $100. 20 The Secretary shall publish this information on the official 21 website of the Secretary of State, and make changes to the 22 statement of economic interests form to be completed for the 23 following year. 24 (c) The Secretary of State shall develop and make publicly 25 available on his or her website written guidance relating to 26 the completion and filing of the statement of economic HB3956 - 4 - LRB103 27225 DTM 53595 b HB3956- 5 -LRB103 27225 DTM 53595 b HB3956 - 5 - LRB103 27225 DTM 53595 b HB3956 - 5 - LRB103 27225 DTM 53595 b 1 interests upon which a filer may reasonably and in good faith 2 rely. 3 (Source: P.A. 101-221, eff. 8-9-19; 102-662, eff. 9-15-21; 4 102-664, eff. 1-1-22; 102-813, eff. 5-13-22.) HB3956 - 5 - LRB103 27225 DTM 53595 b