A referendum is on the ballot in Kane County to borrow $50 million to finance the purchase of land for the Kane County Forest Preserve District.
Committees have to file with the State Board of Elections when they raise or spend $5,000.
In 1999, a committee with the same name spend about $55,000.
In 2011, $22,906 on an open space referendum.
$23,629.34 has been reported contributed to passing the referendum this year.
This mailing has been sent financed by the group:
This not-for-profit entity receives contributions for which contributors are allowed deductions from their Federal and state income taxes.
Foundations like this are allowed to spend somewhere between 10% and 16% of their money on “lobbying” activities.
The Federal tax code allows referendum campaign expenditures to be defined as “lobbying.”
It is the only tax break of which I am aware for campaign contributions.