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Campaign Disclosure Glossary K - P

A - E   F - J   K - P   Q - T   U - Z
Legislative caucus committee – A committee established for the purpose of electing candidates to the General Assembly by the person elected President of the Senate, Minority Leader of the Senate, Speaker of the House of Representatives, Minority Leader of the House of Representatives, or a committee established by 10 or more members of the same caucus of the House of Representatives or 5 or more members of the same caucus of the Senate.

Loan – A contribution made with expectation of repayment and reported in Part 3 of the D-2 form. When reporting a loan, lenders and endorsers or guarantors of any loan shall be reported by name, address, date, and amount loaned or endorsed. If the loan exceeds $500 from a natural person, the lender shall be identified by occupation and employer. If the endorsed amount exceeds $500, the endorser shall be identified by occupation and employer. The terms of a loan must be set forth by written agreement.

Nonparticipation, statement of – see Statement of Nonparticipation.

Notice of obligation – The informational sheet provided to each candidate when petitions are filed. If petitions are filed in person, the Notice of Obligation may be given to the candidate in person. If petitions are filed by mail, the Notice of Obligation shall be mailed to the candidate within two days. The Notice of Obligation explains the candidate’s obligations under the Campaign Financing Act.

Officer – Each political committee must have both a chairman and a treasurer. One person may hold both positions. A candidate may serve as his own chairman and treasurer. No financial transactions may take place while there is a vacancy in either office.

Other contribution – A Part 4 receipt, a catch all category for such receipts as refunds, interest, rebates, deposit returns, sale of assets, liquidation of investments, stock dividends, returned checks, and dividends.

Person or Whoever– A natural person, trust, partnership, committee, association, corporation, or any other organization or group of persons.

Political committee – Includes a candidate political committee, a political party committee, a political action committee, an independent-expenditure-only PAC, and a ballot initiative committee.

Political action committee – Any natural person, trust, partnership, committee, association, corporation, or other organization or group of persons, other than a candidate, political party, candidate political committee, or political party committee, that accepts contributions or makes expenditures during any 12-month period in an aggregate amount exceeding $3,000 on behalf of or in opposition to a candidate or candidates for public office. Also includes any of these entities or groups that make electioneering communications exceeding $3,000.

Political party committee – The state central committee of a political party, a county central committee of a political party, a legislative caucus committee, a committee formed by a ward or township committeeman of a political party, or a new political party.

Pre-election report – The report of campaign contributions to be filed on a D-2 form no later than 15 days prior to an election, reporting all receipts, transfers out, and loans made from the close of the last reporting period through 30 days prior to an election. Only parts 1 through 7 of the D-2 form shall be completed for the pre-election report. Beginning January 1, 2011, political committees will no longer file pre-election reports.

Previous officer – a former chairman or treasurer of a political committee.

Proposition – A question of public policy appearing on the ballot. A political committee supporting or opposing a question of public policy on the ballot has the same filing requirements as a political committee supporting or opposing a candidate.

Public funds – Any funds appropriated by the Illinois General Assembly or by a political subdivision of the State of Illinois. No public funds shall be used to urge any elector to vote for or against any candidate or proposition, or be appropriated for political or campaign purposes to any candidate or political organization. Nothing in the Campaign Financing Act shall prohibit the use of public funds for the dissemination of factual information relative to any proposition appearing on an election ballot, or for dissemination of information and arguments published and distributed under law in connection with a proposition to amend the Constitution of the State of Illinois.

Public Office– Any elective office or judicial office subject to retention.

Public official– Any person who is elected or appointed to public office.

Campaign Disclosure Glossary K - P