States of Disclosure

Published — June 25, 2009

Illinois: Legislative financial disclosure ranking

Introduction

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Illinois

Rank: 37 | Points: 55 | Grade: F

Secretary of State, Index Division

Question Answer Points Notes
Requires financial disclosure filing? Yes 1
Requires complete financial disclosure filing (no update)? Yes 1
Requires financial disclosure filing annually? Yes 1
Requires complete financial disclosure filing for candidates? Yes 1
Employment information required? Yes 5
Employment information not narrowly defined? Yes 5
Employer/business name required? Yes 2.5 Half points awarded because filers not required
to name professional services employers, unless have an “advisory
capacity.”
Employment job title required? Yes 1 Half point awarded because filers not required to report job titles of
professional services employment.
Employer description required? No 0
Value range/income amount required? No 0
Spouse employment information required and clear? Required and Not Clear 2.5 Half points awarded because filers required to
report some spouse employment, but spouse is not clearly indicated.
Officer/director information required? Yes 4
Officer/director information not narrowly defined? No 0
Officer/director entity name required? Yes 4
Officer/director entity description required? No 0
Spouse officer/director information required and clear? Required and Not Clear 2 Half points awarded because filers only required to list positions they
hold in a “professional organization,” definition of which filer
decides.
Investment information required? Yes 3
Investment information not narrowly defined? Yes 3
Investment entity name required? Yes 3
Investment entity description required? No 0
Investment value range/holding amount required? No 0
Spouse investment information required and clear? No 0
Client information required? No 0 No information on private clients required. However, filers required to
report clients of lobbyists with which legislator is associated, which does
not factor into points for the question except in regard to spouse’s clients.
Client name required? No 0
Client value range/income amount required? No 0
Spouse client information required and clear? Required and Not Clear 1 Half point awarded because filers required to
report spouse client, but spouse is not clearly indicated.
Real-property information required? Yes 2
Real-property information not narrowly defined? Yes 2
Real-property value range/amount required? No 0
Spouse real-property information required and clear? Required and Not Clear 1 Half point awarded because filers required to report spouse real
property, but spouse is not clearly indicated.
Spouse name required? No 0
Dependent name required? No 0
Financial disclosure filings in central office? Yes 1
Lawmakers not forwarded reviewer information? Yes 1
In-person appearance not required to obtain filings? Yes 1
Copy fees less than 50 cents per page? No 0
Blank disclosure form available on Web? Yes 1
Disclosure filings available electronically or on the Web in any format? Yes 3
Late-filing penalties on the books? Yes 1
Misfiling penalties on the books? Yes 1
State has auditing authority? Yes 1
State routinely reviews filings for accuracy and completeness either
through formal audit process or informal review process?
No 0
State published list of delinquent filers on Web or in printed document? No 0

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