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92_HB4155
LRB9215269DHgc
1 AN ACT concerning highways.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Toll Highway Act is amended by adding
5 Section 16.2 as follows:
6 (605 ILCS 10/16.2 new)
7 Sec. 16.2. Financial benefit prohibited.
8 (a) A director, employee, or agent of the Authority may
9 not receive a financial benefit from a contract let by the
10 Authority during his or her term of service with the
11 Authority and for a period of one year following the
12 termination of his or her term of service as a director of
13 the Authority or as an employee or agent of the Authority.
14 (b) A member of the immediate family or household of a
15 director, employee, or agent of the Authority may not receive
16 a financial benefit from a contract let by the Authority
17 during the immediate family or household member's term of
18 service with the Authority and for a period of one year
19 following the termination of the immediate family or
20 household member's term of service as a director of the
21 Authority or as an employee or agent of the Authority.
22 (c) A director, employee, or agent of the Authority may
23 not use material non-public information for personal
24 financial gain nor may he or she disclose that information to
25 any other person for that person's personal financial gain
26 when that information was obtained as a result of his or her
27 directorship, employment, or agency with the Authority.
28 (d) A member of the immediate family or household of a
29 director, employee, or agent of the Authority may not use
30 material non-public information for personal financial gain
31 nor may he or she disclose that information to any other
-2- LRB9215269DHgc
1 person for that person's personal financial gain when that
2 information was obtained as a result of his or her immediate
3 family or household member's directorship, employment, or
4 agency with the Authority.
5 (e) For purposes of this Section, "immediate family or
6 household member" means the spouse, child, parent, brother,
7 sister, grandparent, or grandchild whether of the
8 whole-blood, half-blood, or adoption, or a person who shares
9 a common dwelling with a director of the Authority or with an
10 employee or agent of the Authority.