12/09/09 Governor Quinn Signs Campaign Reform Law

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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Campaign Finance Reform . Governor Quinn Signs Campaign Reform Law State Limits Election Funds, Boosts Compliance and Transparency CHICAGO December 9, 2009. Governor Pat Quinn today signed into law a ground-breaking campaign finance bill that imposes Illinois first-ever contribution limits on candidates, political parties and political action committees. The new law also makes campaign contribution and expenditure information more open and available to the public. The signing of this important campaign finance legislation caps Governor Quinns Year of Reform, which includes passage of other tough ethics laws and implementation of government reforms in the areas of appointments, freedom of information, governmental and pension ethics, procurement and accountability. The people of Illinois have demanded reform and greater responsibility from its elected officials and this law will help accomplish those worthy goals, said Governor Quinn. This new law requires politicians to be more candid, open and accountable than ever before. It is a crucial and important move in the right direction. Senate Bill 1466, which was sponsored by Illinois House Speaker Michael Madigan (D-Chicago) and Senator Don Harmon (D-Oak Park), amends the Illinois Election Code. For the first-time ever, major political contributions will now be limited by law. In addition, the new law requires more frequent disclosure of large campaign contributions to the public. The new law also creates the Campaign Finance Reform Task Force, which ...

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