IL HB0573 | 2021-2022 | 102nd General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 10-0)
Status: Passed on July 23 2021 - 100% progression
Action: 2021-07-23 - Public Act . . . . . . . . . 102-0129
Text: Latest bill text (Chaptered) [HTML]

Summary

Amends the State Treasurer Act. Establishes the Illinois Higher Education Savings Program as a part of the College Savings Pool (currently, not a part of the College Savings Pool), subject to appropriation by the General Assembly. Requires the Department of Public Health and the Department of Revenue to provide the State Treasurer with specified information concerning eligible children under the Program. Modifies provisions concerning seed funds, unclaimed seed funds, and incentives and partnerships. Establishes the Illinois Higher Education Savings Program Fund as a special fund in the State treasury (currently, held outside of the State treasury). Amends the Illinois Income Tax Act. Provides that the Director of Revenue may exchange information with the State Treasurer's Office for the purpose of administering the Illinois Higher Education Savings Program. Amends the State Finance Act to provide for the Illinois Higher Education Savings Program Fund. Modifies defined terms. Makes conforming and other changes. Effective immediately.

Tracking Information

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Title

HIGHER ED SAVINGS PROGRAM

Sponsors


Roll Calls

2021-05-27 - Senate - Third Reading in Senate (Y: 56 N: 0 NV: 3 Abs: 0) [PASS]
2021-04-15 - House - Third Reading in House (Y: 68 N: 45 NV: 2 Abs: 1) [PASS]

History

DateChamberAction
2021-07-23HousePublic Act . . . . . . . . . 102-0129
2021-07-23HouseEffective Date July 23, 2021
2021-07-23HouseGovernor Approved
2021-06-23HouseSent to the Governor
2021-06-04SenateAdded as Alternate Co-Sponsor Sen. Cristina H. Pacione-Zayas
2021-05-27HousePassed Both Houses
2021-05-27SenateThird Reading - Passed; 056-000-000
2021-05-06SenatePlaced on Calendar Order of 3rd Reading May 10, 2021
2021-05-06SenateSecond Reading
2021-05-05SenateAdded as Alternate Co-Sponsor Sen. Celina Villanueva
2021-05-05SenatePlaced on Calendar Order of 2nd Reading May 6, 2021
2021-05-05SenateDo Pass Higher Education; 013-000-000
2021-04-28SenateAssigned to Higher Education
2021-04-19SenateReferred to Assignments
2021-04-19SenateFirst Reading
2021-04-19SenateChief Senate Sponsor Sen. Scott M. Bennett
2021-04-19SenatePlaced on Calendar Order of First Reading
2021-04-19SenateArrive in Senate
2021-04-15HouseAdded Chief Co-Sponsor Rep. Camille Y. Lilly
2021-04-15HouseThird Reading - Short Debate - Passed 068-045-000
2021-04-14HousePlaced on Calendar Order of 3rd Reading - Short Debate
2021-04-14HouseSecond Reading - Short Debate
2021-03-23HouseAdded Co-Sponsor Rep. Elizabeth Hernandez
2021-03-18HousePlaced on Calendar 2nd Reading - Short Debate
2021-03-11HouseDo Pass / Short Debate Higher Education Committee; 006-004-000
2021-03-11HouseAdded Co-Sponsor Rep. Anna Moeller
2021-03-11HouseAdded Co-Sponsor Rep. Sue Scherer
2021-03-08HouseAdded Chief Co-Sponsor Rep. Katie Stuart
2021-03-02HouseAssigned to Higher Education Committee
2021-02-24HouseAdded Co-Sponsor Rep. Deb Conroy
2021-02-08HouseReferred to Rules Committee
2021-02-08HouseFirst Reading
2021-02-03HouseFiled with the Clerk by Rep. Robyn Gabel

Code Citations

ChapterArticleSectionCitation TypeStatute Text
1550516.8Amended CodeCitation Text
301055.935New CodeSee Bill Text
355917Amended CodeCitation Text

Illinois State Sources


Bill Comments

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