Recent calls for the release of tax returns for high-profile candidates in Illinois highlight the inadequacy of existing financial disclosure requirements for Illinois political candidates. Requiring more financial information on candidates’ Statements of Economic Interest, which they are already required to file, will provide the public with a clearer picture of any potential conflicts of interest a candidate or elected official may have. This will increase transparency in a process that currently leaves voters and members of the media in the dark on important financial issues.
In addition to the existing requirements, the Statement of Economic Interest should be amended to include:
Models from Other States
Click here to follow the progress of this initiative in the Illinois General Assembly.
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