HB3491 102ND GENERAL ASSEMBLY

LRB102 14023 RJF 19375 b

102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB3491

Introduced 2/22/2021, by Rep. Martin J. Moylan

SYNOPSIS AS INTRODUCED:

5 ILCS 420/2-105 new

Amends the Illinois Governmental Ethics Act. Provides that no legislator shall receive any income derived from his or her ownership of any gaming-related interest. Requires any legislator holding ownership in a gaming-related interest from which he or she may derive income to divest himself or herself of that interest.

A BILL FOR

AN ACT concerning government.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Governmental Ethics Act is amended by adding Section 2-105 as follows:

(5 ILCS 420/2-105 new)

Sec. 2-105. Gaming-related interest; income prohibited. No legislator shall receive any income derived from his or her ownership of any gaming-related interest. Any legislator holding ownership in a gaming-related interest from which he or she may derive income as of the effective date of this amendatory Act of the 102nd General Assembly shall divest himself or herself of that interest as soon as practicable after the effective date of this amendatory Act of the 102nd General Assembly.