Bill Text: IL HB5974 | 2009-2010 | 96th General Assembly | Introduced

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Bill Title: Amends the Higher Education Loan Act. Makes a technical change in a Section concerning aiding an Authority Education Loan financing program.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2010-02-10 - Referred to Rules Committee [HB5974 Detail]

Download: Illinois-2009-HB5974-Introduced.html

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96TH GENERAL ASSEMBLY State of Illinois 2009 and 2010 HB5974 Introduced 2/10/2010, by Rep. Linda Chapa LaVia SYNOPSIS AS INTRODUCED:
110 ILCS 945/6.10 from Ch. 144, par. 1605.10
Amends the Higher Education Loan Act. Makes a technical change in a Section concerning aiding an Authority Education Loan financing program.
LRB096 19475 MJR 34867 b
A BILL FOR
HB5974 LRB096 19475 MJR 34867 b
AN ACT concerning education.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Higher Education Loan Act is amended by
changing Section 6.10 as follows:
(110 ILCS 945/6.10) (from Ch. 144, par. 1605.10)
Sec. 6.10. Receipt and acceptance of loans, contributions
or grants. To receive and and accept from any source, loans,
contributions or grants for or in aid of an Authority Education
Loan financing program or any portion thereof and, when
required, to use such funds, property or labor only for the
purposes for which it was loaned, contributed or granted.
(Source: P.A. 82-658.)