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The Treasurer is elected for a renewable four-year term during the quadrennial mid-term election. The Illinois Constitution provides that the Treasurer must, at the time of their election, be a United States citizen, at least 25 years old, and a resident of the state for at least three years preceding the election.
In the middle of a term as state senator, Topinka joined the Illinois State Treasurer race in 1994 and won the election. She was reelected in 1998 and 2002. As state treasurer, Topinka cut a deal to allow hotels that were owned by indicted Springfield power-broker Bill Cellini [ 7 ] to pay $10 million to settle their debts which totaled $40.3 ...
Michael W. Frerichs (/ ˈ f r ɛ r ɪ k s /; born July 28, 1973) is an American politician serving his third term as the State Treasurer of Illinois, after taking office on January 12, 2015. Before being elected treasurer, he was a Democratic member of the Illinois Senate , representing the 52nd District from 2007 until 2015.
In the state and territorial governments of the United States, 54 of the 56 states and territories have the executive position of treasurer. New York abolished the office of New York State Treasurer in 1926, in which the duties were transferred to the New York State Comptroller .