Incumbent first-term Treasurer, Republican Warren Wright, did not seek reelection, instead opting to run for United States Senate. Republican William G. Stratton was elected to succeed him.
An election was held for three of nine seats for Trustees of University of Illinois. All three Republican nominees won. With their net increase of two seats in this election, Republicans captured a majority of seats on the University of Illinois Board of Trustees.
Incumbent Republican Chester R. Davis (elected in a special election two years prior) was reelected.[1][2] New Republican members Martin G. Luken and Frank H. McKelvey were also elected.[1][2]
Incumbent Democrats Homer M. Adams and James M. Cleary were not renominated.[2]
Kenney E. Williamson, one of the Democratic Party nominees, had briefly served before, having been appointed in 1940.[2]
Trustees of the University of Illinois election[1][2]
The Illinois Revenue Amendment, a proposed amendment to Section 1 of Article IX of the Constitution, failed to meet the threshold for approval.[1][4]
If approved, this amendment would have enabled the legislature to exempt from certain taxes businesses that sold food for human consumption, allowing the legislature to define the word "food".[4]
In order to be approved, legislatively referred constitutional amendments required approval equal to a majority of voters voting in the entire general election.[4][5]
^A This figure (3.13%) represents the increase from the share of both the result of the 1940 regular election and the combined vote of the 1940 regular and special elections (Republicans won 50.44% of both these election totals in 1940).
^B This figure (3.24) represents the decrease from the share of the combined vote of the 1940 regular and special elections. The change from the result of the 1940 regular election alone would be 3.13%.