JUDICIAL ELECTION FINANCING House SponsorsRep. Kevin A. McCarthy 1/11/2005HouseSession Sine Die New Act10 ILCS 5/9-1.5from Ch. 46, par. 9-1.510 ILCS 5/9-1.5 new10 ILCS 5/9-1.7from Ch. 46, par. 9-1.710 ILCS 5/9-1.8from Ch. 46, par. 9-1.810 ILCS 5/9-10from Ch. 46, par. 9-1030 ILCS 105/5.595 new35 ILCS 5/506.7 new Creates the Supreme Court Campaign Reform Act. Provides that candidates for the Supreme Court may apply for a public financing benefit in connection with their campaign. Sets the amount of the private financing benefit at $750,000 for the primary general election cycle. Sets requirements for qualifying for the public financing benefits. Limits the amount of private contributions qualified candidates may accept. Limits the amounts that non-participating candidates may accept from private sources during campaign periods to $1,000 in the aggregate. Provides that qualified candidates must be distributed a line of credit from the Illinois Supreme Court Democracy Trust Fund to be used for lawful political expenditures. Provides for the increase of the line of credit if non-complying candidates make certain expenditures. Sets penalties for violations of the Act. Provides that the Illinois Supreme Court may require attorneys to contribute money to the Fund not to exceed $25 annually. Contains other provisions. Amends the Election Code. Provides that a payment for electioneering communications is an "expenditure". Provides that a group that "accepts contributions or makes expenditures during any 12-month period in an aggregate amount exceeding $3,000 for the purpose of electioneering communications" is a political committee. Allows the Board of Elections to impose a fine against a committee that fails to report expenditures that could trigger matching funds under the Supreme Court Campaign Reform Act. Amends the State Finance Act. Creates the Illinois Supreme Court Democracy Trust Fund. Amends the Illinois Income Tax Act. Requires the Department of Revenue to print on its standard individual income tax form a provision by which the taxpayer may make a contribution (not less than $1) to the Illinois Supreme Court Democracy Trust Fund. Effective immediately. 2/21/2003HouseFiled with the Clerk by Rep. Kevin A. McCarthy 2/21/2003HouseFirst Reading 2/21/2003HouseReferred to Rules Committee 2/26/2003HouseAssigned to Executive Committee 3/13/2003HouseRule 19(a) / Re-referred to Rules Committee 1/11/2005HouseSession Sine Die