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1 | | from each of the following entities: |
2 | | (1) The Illinois State's Attorneys Association. |
3 | | (2) The An office of an Illinois Public Defender |
4 | | Association . |
5 | | (3) An office of an Illinois public guardian. |
6 | | (4) The Office of the Illinois Attorney General. |
7 | | (5) An Illinois metropolitan bar association. |
8 | | (6) An Illinois statewide bar association. |
9 | | (7) A public law school in this State. |
10 | | (b) The Public Interest Attorney Loan Repayment Assistance |
11 | | Fund is created as a special fund in the State treasury. The |
12 | | Fund shall consist of all moneys remitted to the Commission |
13 | | under the terms of this Act. All money in the Fund shall be |
14 | | used, subject to appropriation, by the Commission for the |
15 | | purposes of this Act. |
16 | | (c) Subject to the availability of appropriations and |
17 | | subsections (d) and (e) of this Section, the Commission shall |
18 | | distribute funds to eligible applicants. |
19 | | (d) The Commission is authorized to prescribe all rules, |
20 | | policies, and procedures necessary or convenient for the |
21 | | administration of the Program and all terms and conditions |
22 | | applicable to payments made under this Act. This shall be done |
23 | | with the guidance and assistance of the Committee. |
24 | | (e) The Commission shall administer the Program, |
25 | | including, but not limited to, establishing and implementing |
26 | | the following: |
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1 | | (1) An application process. Subject to the |
2 | | availability of appropriations, the Commission shall, each |
3 | | year, consider applications by eligible public interest |
4 | | attorneys for loan repayment assistance under the Program. |
5 | | (2) Eligibility requirements. The Commission shall, on |
6 | | an annual basis, receive and consider applications for |
7 | | loan repayment assistance under the Program if the |
8 | | Commission finds that the applicant: |
9 | | (i) is a citizen or permanent resident of the |
10 | | United States; |
11 | | (ii) is a licensed member of the Illinois Bar in |
12 | | good standing; |
13 | | (iii) has eligible debt in grace or repayment |
14 | | status; and |
15 | | (iv) is employed as a public interest attorney |
16 | | with a qualifying employer in Illinois. |
17 | | (3) A maximum amount of loan repayment assistance for |
18 | | each participant, which shall be $6,000 per year, up to a |
19 | | maximum of $30,000 during the participant's career. |
20 | | However, if the participant has been an assistant Public |
21 | | Defender for at least 4 years in one or more offices of an |
22 | | Illinois Public Defender, and the participant graduated |
23 | | from a law school in this State, then the maximum amount of |
24 | | loan repayment assistance during the participant's career |
25 | | shall be equal to the full tuition cost charged the |
26 | | participant while attending that law school or $30,000, |
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1 | | whichever is greater. |
2 | | (4) Prioritization. The Commission shall develop |
3 | | criteria for prioritization among eligible applicants in |
4 | | the event that there are insufficient funds available to |
5 | | make payments to all eligible applicants under this Act. |
6 | | The prioritization criteria shall include the timeliness |
7 | | of the application, the applicant's salary level, the |
8 | | amount of the applicant's eligible debt, the availability |
9 | | of other loan repayment assistance to the applicant, the |
10 | | applicant's length of service as a public interest |
11 | | attorney, and the applicant's prior participation in the |
12 | | Program. |
13 | | (f) The distribution of funds available after |
14 | | administrative costs must be made by the Commission to |
15 | | eligible public interest attorneys in the following manner: |
16 | | (1) Loan repayment assistance must be in the form of a |
17 | | forgivable loan. |
18 | | (2) To have the loan forgiven, the participant shall |
19 | | (i) complete a year of employment with a qualifying |
20 | | employer and (ii) make educational debt payments (interest |
21 | | or principal or both) that equal at least the amount of |
22 | | assistance received under the Program during the |
23 | | assistance year. |
24 | | (3) Each loan must be documented by means of a |
25 | | promissory note executed by the borrower in a form |
26 | | provided by the Commission and shall be forgiven when an |