093_HB3412 LRB093 10270 JAM 10524 b 1 AN ACT in relation to governmental ethics. 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 5 amended by changing Section 1-105 as follows: 6 (5 ILCS 420/1-105) (from Ch. 127, par. 601-105) 7 Sec. 1-105. Economic opportunity. "Economic 8 opportunity" means any purchase, sale, lease, contract, 9 option, or other transaction or arrangement involving 10 property or services wherein a legislator may gain an 11 economic benefit. The term shall not include gifts. 12 (Source: Laws 1967, p. 3401.)