Bill Text: IL HB2854 | 2013-2014 | 98th General Assembly | Introduced
Bill Title: Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Requires the Department to establish a lifelong learning program to allow employees, with the support of their employers, to create educational savings accounts that may be used to fund approved education and training.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Failed) 2014-12-03 - Session Sine Die [HB2854 Detail]
Download: Illinois-2013-HB2854-Introduced.html
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1 | AN ACT concerning State government.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Department of Commerce and Economic | ||||||||||||||||||||||||
5 | Opportunity Law of the
Civil Administrative Code of Illinois is | ||||||||||||||||||||||||
6 | amended by adding Section 605-338 as follows:
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7 | (20 ILCS 605/605-338 new) | ||||||||||||||||||||||||
8 | Sec. 605-338. Lifelong learning program. | ||||||||||||||||||||||||
9 | (a) The Department shall establish a lifelong learning | ||||||||||||||||||||||||
10 | program to allow employees, with the support of their | ||||||||||||||||||||||||
11 | employers, to create educational savings accounts that may be | ||||||||||||||||||||||||
12 | used to fund approved education and training. The Department | ||||||||||||||||||||||||
13 | may partner with financial institutions and other public, | ||||||||||||||||||||||||
14 | private, and nonprofit organizations in order to enable | ||||||||||||||||||||||||
15 | employees use the educational savings accounts to attain | ||||||||||||||||||||||||
16 | high-skilled and high-wage jobs in their communities. | ||||||||||||||||||||||||
17 | (b) The educational savings accounts shall be established | ||||||||||||||||||||||||
18 | by employees and employers to support the education and | ||||||||||||||||||||||||
19 | training of employees in a manner that is aligned with the | ||||||||||||||||||||||||
20 | employee's approved career development plan. | ||||||||||||||||||||||||
21 | (c) The Department may adopt rules to implement this | ||||||||||||||||||||||||
22 | Section. | ||||||||||||||||||||||||
23 | (d) As used in this Section: |
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1 | "Approved education and training" means education, | ||||||
2 | training, and associated costs aligned with an approved career | ||||||
3 | development plan. | ||||||
4 | "Approved career development plan" means an employee's | ||||||
5 | career development plan that is approved by the Department and | ||||||
6 | contains the necessary information to determine if | ||||||
7 | expenditures are in alignment with the program criteria.
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