Munoz proposal requires presidential candidates to release tax returns

SPRINGFIELD- Those looking to appear on Illinois ballots as presidential and vice-presidential candidates could soon be required to release their tax returns under a proposal recently introduced by Assistant Majority Leader Tony Munoz (D-Chicago).

Senate Bill 145 requires presidential candidates to file the five most recent years’ tax returns with the Secretary of State.

“Our current president has created the need for this requirement,” Munoz said. “The public has the right to know if a presidential candidate could be put in the position where he or she is making policy decisions for personal financial gain.”

Candidates will need to file their returns five days prior to the date set for certification of the ballot for the general election.

The legislation is assigned to the Senate Executive Committee and awaits a hearing.