Illinois General Assembly - Bill Status for HB2970

Amends the Election Code. Provides that a candidate political committee may not accept contributions with an aggregate value in excess of $100,000 from a political party committee during an election cycle (rather than limiting amounts based on the office the candidate is seeking). Provides that a candidate political committee established to elect a candidate to an office other than a statewide office may only accept contributions required to be itemized from sources reporting an address within the political division for which the office is sought. Provides that if a candidate contributes or loans to his or her candidate political committee or to other political committees that transfer funds to the candidate's political committee or makes independent expenditures for the benefit of the candidate's campaign during the 12 months prior to an election in an aggregate amount of more than $100,000, any person running against that candidate or a committee established to support a person running against that candidate is not subject to contribution restrictions provided in the Code.

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