Illinois Senate Bill 3451 (Prior Session Legislation)

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Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 2)
Status: Failed on January 13 2015 - 100% progression
Action: 2015-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the Board of Higher Education Act. Requires the Board of Higher Education to create a pilot program called Pay Forward, Pay Back to replace the current system of charging undergraduate students tuition and fees and other educational expenses at a public institution of higher education. Requires the Board to identify one public institution of higher education to participate in the pilot program. Provides that the pilot program shall (1) allow undergraduate students to attend the institution without paying for tuition and fees, books and supplies, and room and board; (2) provide that, in lieu of paying, students must sign binding contracts to pay to the State of Illinois or the institution, for a specified number of years, a certain percentage of the student's annual adjusted gross income as soon as he or she earns an income after graduation from the institution, but in no event may payments begin to be made more than 10 years after graduation from the institution; (3) specify the number of years and the percentage of annual adjusted gross income for contracts and base the specifications on research to date; (4) guarantee graduation from the institution within 4 years after enrollment if the student makes sufficient educational progress and does not change his or her academic major or major concentration; and (5) establish an immediate funding source for the first 15 to 20 years of the pilot program and include the establishment of a revolving fund to deposit payments made under the pilot program. Requires the Board to submit reports to the General Assembly.

HIGHER ED-PAY FORWARD PAY BACK

Sen. Michael Frerichs [D]

Sen. Kimberly Lightford [D]

Date	Chamber	Action
2015-01-13	Senate	Session Sine Die
2014-07-01	Senate	Pursuant to Senate Rule 3-9(b) / Referred to Assignments
2014-04-11	Senate	Rule 2-10 Third Reading Deadline Established As May 1, 2014
2014-03-26	Senate	Placed on Calendar Order of 2nd Reading March 27, 2014
2014-03-26	Senate	Do Pass Higher Education; 010-000-000
2014-03-20	Senate	Postponed - Higher Education
2014-03-19	Senate	Added as Chief Co-Sponsor Sen. Kimberly A. Lightford
2014-03-05	Senate	Assigned to Higher Education
2014-02-14	Senate	Referred to Assignments
2014-02-14	Senate	First Reading
2014-02-14	Senate	Filed with Secretary by Sen. Michael W. Frerichs

Chapter	Article	Section	Citation Type	Statute Text
110	205	9.34	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3451&GAID=12&DocTypeID=SB&SessionID=85&GA=98
Text	https://www.ilga.gov/legislation/98/SB/09800SB3451.htm