Bill Title: Reinserts the provisions of the introduced bill with the following changes. Provides for an irrevocable and continuing appropriation from the General Revenue Fund to the Illinois Student Assistance Commission if moneys in the Illinois Prepaid Tuition Trust Fund are insufficient to cover contractual obligations (rather than if for any reason the General Assembly fails to make appropriations of amounts sufficient for the State to pay contractual obligations). Removes the irrevocable and continuing authority of the Comptroller and Treasurer to make the necessary transfers and disbursements.

Spectrum: Bipartisan Bill

Status: (Failed) 2021-01-13 - Session Sine Die [SB2137 Detail]

Text: Latest bill text (Introduced) [HTML]

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