Munoz plan requiring presidential candidates to release tax returns passes committee

SPRINGFIELD - The price of appearing on Illinois ballots as presidential and vice-presidential candidates would be publicizing tax returns under a proposal led by Assistant Majority Leader Tony Munoz (D-Chicago).

“Anyone seeking to hold presidential office should be transparent with their conflicts of interests,” Munoz said. “Voters have used this information in their decision-making process for decades, and it’s time we make it law.”

Senate Bill 145 requiring presidential candidates to file the five most recent years’ tax returns with the Secretary of State before appearing on a primary or general election ballot was approved by the Senate Executive Committee on Wednesday.

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

The measure now heads to the full Senate for consideration.