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]

Text: Latest bill text (Chaptered) [HTML]

---

Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
House	Third Reading in House	2022-04-01	104	3	2	3	112	Passed	Link	View
Senate	Third Reading in Senate	2022-02-16	48	0	11	0	59	Passed	Link	View

Social Comments on IL SB3991