Ill. Admin. Code tit. 26 § 100.170

Current through Register Vol. 48, No. 49, December 6, 2024

Section 100.170 - Sponsoring Entity

a) A sponsoring entity is a person that contributes not less than 33% of the total funding of any political committee at any time during a quarterly reporting period following the 30^th day after the committee has filed its statement of organization.

b) Person includes natural persons, corporations, partnerships and unincorporated associations.

c) Total funding means the sum of the funds available at the beginning of the reporting period and the total receipts for the quarterly reporting period.

d) Total receipts means any contributions as defined in Section 9-1.4 of the Election Code that are received by the committee.

e) Each political committee shall disclose the name and address of any sponsoring entity on the committee's Statement of Organization.

f) If, at any time during a quarterly reporting period, a committee that has not previously identified a sponsoring entity receives 33% of its total funding during that quarterly reporting period from a single person, the committee must amend its Statement of Organization to identify the sponsoring entity.

g) The name of the sponsoring entity shall be the full name of the person and not an acronym.

h) A committee is required to identify its sponsoring entity so long as it receives not less than 33% of its total funding from a single person. A committee may amend its Statement of Organization to delete the sponsoring entity from its Statement of Organization if, for 4 consecutive quarterly reporting periods, it fails to receive not less than 33% of its total funding from a single person.

i) If, at any time during a quarterly reporting period, a committee that has identified a sponsoring entity receives not less than 33% of its total funding from a different single person than the person identified as its sponsoring entity, it shall amend its Statement of Organization to include the name and street address of the new sponsoring entity.

j) If a committee receives support from 2 or more persons, each one of which would independently of the other meet the definition of a sponsoring entity, the committee's Statement of Organization shall include all those persons.

Ill. Admin. Code tit. 26, § 100.170

Amended at 35 Ill. Reg. 2295, effective February 4, 2011