New Illinois Campaign Contribution and Registration Requirements May Affect Investment Funds and Managers
30 January 2009
Mayer Brown Legal Update
Two new procurement and campaign contribution regulations, P.A. 95-971 (the "New Ethics Law") and Executive Order No. 3 (2008) (the "Executive Order"), are in effect in Illinois as of January 1, 2009. These regulations apply to certain state contractors and entities that bid on state contracts ("Covered Entities"), as well as certain of their corporate affiliates, owners and executive employees, and the spouse and minor children of each owner and executive employee.