Bill > HB3071

This bill amends the Illinois Election Code to restrict political contributions from foreign-influenced businesses by establishing new definitions and prohibitions. The legislation defines key terms like "foreign national" and "foreign-influenced business entity," which generally refer to businesses with significant foreign ownership or control (1% ownership by a single foreign investor or 5% by multiple foreign investors). The bill prohibits such entities from making political contributions with the condition that the funds be used for political purposes, including campaign expenditures, candidate contributions, electioneering communications, or ballot initiatives. Businesses must submit a certification to the State Board of Elections within 7 days of making any political contribution, signed by their chief executive officer, affirming they are not a foreign-influenced business entity. If a foreign-influenced business entity makes a prohibited contribution, the State Board of Elections can assess a civil penalty equal to the contribution amount. The bill also allows the Attorney General or State's Attorneys to seek injunctions against such entities to prevent improper political contributions. Importantly, the law does not establish liability for candidates or political committees who receive contributions in good faith with proper certification. The provisions are set to take effect on July 1, 2025, and aim to prevent potential foreign interference in Illinois political processes.

Government Affairs

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3071&GAID=18&DocTypeID=HB&SessionID=114&GA=104