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| | 103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024 SB2190 Introduced 2/10/2023, by Sen. Ram Villivalam SYNOPSIS AS INTRODUCED: |
| 20 ILCS 2705/2705-617 new | |
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Amends the Department of Transportation Law of the Civil Administrative Code of Illinois. Requires the Department of Transportation to provide higher education student loan repayment assistance in the form of an annual after-tax bonus of $15,000 per year to any engineer, and $7,500 to any engineering technician, for not more than 5 years, who are employed by the Department if: (i) the engineer or engineering technician is a graduate of a community college, college or university located in the State; (ii) the engineer or engineering technician provides documentation to the Department of the repayment of higher education student loans taken to attend a college or university located in the State; and (iii) the engineer or engineering technician remains in the employ of the Department for at least 5 years. Provides that if the engineer or engineering technician leaves the employ of the Department prior to serving 5 years, the engineer or engineering technician must return all bonuses made to the engineer or engineering technician by the Department. Effective immediately.
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| | A BILL FOR |
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| | SB2190 | | LRB103 28621 MXP 55002 b |
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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 Transportation Law of the
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5 | | Civil Administrative Code of Illinois is amended by adding |
6 | | Section 2705-617 as follows: |
7 | | (20 ILCS 2705/2705-617 new) |
8 | | Sec. 2705-617. Student loan repayment assistance for |
9 | | engineers and engineering technicians. The Department shall |
10 | | provide higher education student loan repayment assistance in |
11 | | the form of an annual after-tax bonus of $15,000 per year, for |
12 | | not more than 5 years, to any engineer employed by the |
13 | | Department, and $7,500 per year, for not more than 5 years, to |
14 | | any engineering technician employed by the Department, subject |
15 | | to the following: |
16 | | (1) the engineer is a graduate of a college or |
17 | | university located in this State or the engineering |
18 | | technician is a graduate of a community college, college, |
19 | | or university in located this State; |
20 | | (2) the engineer or engineering technician provides |
21 | | documentation to the Department of the repayment of higher |
22 | | education student loans taken to attend a college or |
23 | | university located in this State; |