Daniel Hynes - As Illinois Comptroller

As Illinois Comptroller

Hynes was first elected Illinois Comptroller on November 3, 1998 at the age of 30. At the time, he was the youngest elected statewide constitutional officer in Illinois, since William Stratton was elected Treasurer of Illinois in 1942. Since first entering office in 1999, he was the first Comptroller to establish a "Rainy Day Fund" for Illinois as a way to secure funding for the state whenever there is a slowdown in revenue. Hynes also spearheaded bipartisan reform of laws governing the state's private cemeteries and funeral homes (which his office regulates) in 2001, the most extensive overhaul of these industries in 25 years.

Dan Hynes has sponsored new legislation that prohibited tax scofflaws from receiving state contracts. He also introduced legislation in 2003, that would do the same to corporations that have falsified their financial reports. Among his other measures as Comptroller, was to reform the Local Government Division of his office, increasing the percentage of compliance from Illinois's local government units in financial reporting from 65 to 95 percent. Hynes also expanded the office's commercial direct deposit program, encouraging state vendors to receive payments electronically, which saves taxpayer money and improves efficiency. Daniel Hynes was elected to a second term as Comptroller on November 5, 2002, with a margin of more than one million votes. He was elected to a third term in 2006 by a similarly large margin.