Bill Texts: IL SB3991 | 2021-2022 | 102nd General Assembly

Bill Title: Amends the State Treasurer Act. Makes changes concerning the Illinois Higher Education Savings Program. Provides that the State Treasurer may make supplementary deposits to children in financially insecure households if sufficient funds are available. Provides that the State Treasurer shall annually prepare a report that includes a summary of the Program operations for the preceding fiscal year, including, among other items, the rate of seed deposits claimed, and, to the extent data is reported and available, the racial, ethnic, socioeconomic, and geographic data of beneficiaries and of children in financially insecure households who may receive automatic bonus deposits. Provides that such other information that is relevant to make a full disclosure of the operations of the Program and Fund may also be reported. Makes conforming changes.

Spectrum: Partisan Bill (Democrat 37-0)

Status: (Passed) 2022-06-07 - Public Act . . . . . . . . . 102-1047 [SB3991 Detail]

Bill Drafts

RevisionDateFormatSourceView
Chaptered2022-06-07HTML/TextLinkView
Enrolled2022-04-04HTML/TextLinkView
Engrossed2022-02-16HTML/TextLinkView
Introduced2022-01-21HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois SB3991

Supplemental Documents

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No supplemental documents for Illinois SB3991 currently on file.

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