(a) Within 60 days after August 24, 2018 (the effective date of Public Act 100-1089), at the time of application, and annually on August 1 of each year for the previous fiscal year, each qualified purchaser shall submit to the Department and the State Comptroller the following information about each person, director, owner, officer, association, financial backer, partnership, other entity, corporation, or trust with an indirect or direct financial interest in each qualified purchaser:
         (1) percent ownership;

Terms Used In Illinois Compiled Statutes 30 ILCS 540/9

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14

         (2) type of ownership;
         (3) first name, middle name, last name, maiden name
    
(if applicable), including aliases or former names;
        (4) mailing address;
         (5) type of business entity, if applicable;
         (6) dates and jurisdiction of business formation or
    
incorporation, if applicable;
        (7) names of controlling shareholders, class of
    
stock, percentage ownership;
        (8) any indirect earnings resulting from the
    
Program; and
        (9) any earnings associated with the Program to any
    
parties not previously disclosed.
    (b) Within 60 days after August 24, 2018 (the effective date of Public Act 100-1089), at the time of application, and annually on August 1 of each year for the previous fiscal year, each trust associated with the qualified purchaser shall submit to the Department and the State Comptroller the following information:
         (1) names, addresses, dates of birth, and
    
percentages of interest of all beneficiaries;
        (2) any indirect earnings resulting from the
    
Program; and
        (3) any earnings associated with the Program to any
    
parties not previously disclosed.
    (c) Each qualified purchaser must submit a statement to the State Comptroller and the Department of Central Management Services disclosing whether such qualified purchaser or any related person, director, owner, officer, or financial backer has previously or currently retained or contracted with any registered lobbyist, lawyer, accountant, or other consultant to prepare the disclosure required under this Section.
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