Within an illuminating pushbutton switch, an electronic circuit replaces an electromagnetic holding coil for latching or releasing a state of the illuminated pushbutton switch, and further provides blinking functionality. The electronic circuit includes inputs receiving set, reset and toggle control signals, outputs delivering open, closed and blink control signals, latch logic controlled by the set and reset control signals and delivering signals maintaining the illuminated pushbutton switch in either an open or closed state, and a frequency divider and oscillator coupled together to deliver a blink control signal. The electronic circuit fits within the illuminated pushbutton switch housing in space sized to hold two snap action switching devices without increase in the length, weight or mounting depth of the illuminated pushbutton switch. The inputs and outputs are coupled to external pins from the illuminated pushbutton switch and may be remotely controlled.