House Sponsors: MADIGAN,MJ-CURRY,JULIE-SCULLY-DAVIS,STEVE-HOFFMAN, LANG, MCGUIRE, DART, BRADLEY, SCOTT, O'BRIEN, HANNIG, FANTIN, REITZ, NOVAK, WOOLARD AND SCHAKOWSKY. Senate Sponsors: JACOBS Short description: ELEC CD-CAMPAIGN FINANCE Synopsis of Bill as introduced: Amends the Election Code by adding a Section caption in the campaign finance Article. FISCAL NOTE (State Board of Elections) HB 2342 would have minimal fiscal impact. HOUSE AMENDMENT NO. 1. Adds reference to: 10 ILCS 5/9-2.5 new 10 ILCS 5/9-8.5 new Deletes everything. Amends the Election Code. Prohibits establishment of more than one political committee per office sought, except by legislative leaders for election of General Assembly candidates. Prohibits establishment of more than one political committee by a corporation, labor union, or association. Limits an individual's campaign contributions to $1,500 per candidate per election; a corporation, labor union, or association without a political committee to $3,000; and a political committee to $5,000. Effective January 1, 1998. STATE MANDATES ACT FISCAL NOTE, H-AM 1 HB2342, amended, fails to create a State mandate. HOME RULE NOTE, H-AM 1 HB2342, amended, does not preempt home rule authority. JUDICIAL NOTE, AMENDED No decrease or increase in need for the number of judges. HOUSE AMENDMENT NO. 3. Applies contribution limits to all political committees, rather than only to those established by a candidate or public official. Requires aggregation of contributions to all political committees established by a candidate or public official. JUDICIAL NOTE, H-AM 1 No change from previous judicial note. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 2 SENATE - 0 END OF INQUIRY Full Text Bill Status