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| | 102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022 SB2216 Introduced 2/26/2021, by Sen. Jason Plummer SYNOPSIS AS INTRODUCED: |
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Amends the State Officials and Employees Ethics Act. Provides that no member of the General Assembly or immediate family member of the member shall, during that member's term of office, hold any ownership interest, other than a passive interest, in any business that qualifies as a qualified purchaser under the Vendor Payment Program established under the State Prompt Payment Act. Provides that no employee of the General Assembly or of a member shall, during his or her employment, hold any ownership interest, other than a passive interest, in any business that qualifies as a qualified purchaser. Provides that any member or immediate family member of the member holding an ownership interest in any business that qualifies as a qualified purchaser as of the effective date of this amendatory Act shall divest himself or herself of that interest. Provides that any employee of the General Assembly or of a member holding an ownership interest in any business that qualifies as a qualified purchaser as of the effective date of this amendatory Act shall divest himself or herself of that interest. Provides that no member or immediate family member of the member shall, during that member's term of office, receive any form of compensation for services rendered to or employment with any qualified purchaser. Provides that no employee of the General Assembly or of a member shall, during his or her employment, receive any form of compensation for services rendered to or employment with any qualified purchaser. Defines terms.
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| | A BILL FOR |
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| | SB2216 | | LRB102 11541 RJF 16875 b |
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1 | | AN ACT concerning government.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The State Officials and Employees Ethics Act is |
5 | | amended by adding Section 5-70 as follows: |
6 | | (5 ILCS 430/5-70 new) |
7 | | Sec. 5-70. Prohibited qualified purchaser interest. |
8 | | (a) No member or immediate family member of the member |
9 | | shall, during that member's term of office, hold any ownership |
10 | | interest, other than a passive interest, in any business that |
11 | | qualifies as a qualified purchaser under Section 8 of the |
12 | | State Prompt Payment Act. No employee of the General Assembly |
13 | | or of a member shall, during his or her employment, hold any |
14 | | ownership interest, other than a passive interest, in any |
15 | | business that qualifies as a qualified purchaser under Section |
16 | | 8 of the State Prompt Payment Act. |
17 | | (b) Any member or immediate family member of the member |
18 | | holding an ownership interest as prohibited under subsection |
19 | | (a) as of the effective date of this amendatory Act of the |
20 | | 102nd General Assembly shall divest himself or herself of that |
21 | | interest within 30 days after the effective date of this |
22 | | amendatory Act of the 102nd General Assembly. Any employee of |
23 | | the General Assembly or of a member holding an ownership |