SB3899 Summary

• Revises disclosure requirements under the Illinois Governmental Ethics Act for members of the General Assembly, Executive Branch officials, and candidates for these offices, effective for statements filed in 2022 and later.

• Requires General Assembly members and Executive Branch officials to file statements modeled on federal Ethics in Government Act forms, with detailed disclosure of income sources ($200 threshold), assets, liabilities, gifts ($250 threshold), reimbursements, and financial transactions.

• Establishes new Section 4A-102.5 specifying comprehensive disclosure categories with tiered thresholds for reporting income, property interests (from $1,000 to over $50,000,000), and debts (from $10,000 to over $50,000,000).

• Creates Section 4A-103.5 authorizing the Secretary of State to develop filing forms substantially similar to federal congressional and executive branch disclosure forms.

• Maintains existing disclosure requirements for other filers and allows continued use of traditional paper filing alongside internet-based systems, with written or printed receipts required for certain candidates.