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    AN ACT concerning education.

 
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    Be it enacted by the People of the State of Illinois,
 
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represented in the General Assembly:


 
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    Section 5. The Private Business and Vocational Schools Act 
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is amended  by changing Section 1.1 as follows:
 



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    (105 ILCS 425/1.1)
  (from Ch. 144, par. 136.1)



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    Sec. 1.1. Exemptions and annual filing. 

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    (a) For purposes of this Act, the following shall
not be 
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considered to be a private business and vocational school:


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        (1) Any eleemosynary institution.


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        (2) Any religious institution.


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        (3) Any public educational institution exempt from 
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    property taxation
under the laws of this State.


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        (4) Any in-service course of instruction and subject 
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    offered by an
employer provided no tuition is charged and 
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    such instruction is offered
only to employees of such 
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    employer.


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        (5) Any educational institution (A) which (i) on the 
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    effective
date of this amendatory Act of 1984 or which on 
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    January 2, 2001 enrolls a
majority of its students in 
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    degree programs and has maintained an
accredited status 
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    with the Commission on Institutions of Higher Education of

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    the North Central Association of Colleges and Schools or 
 


 






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    (ii) on or after the
effective date of this amendatory Act 
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    of the 93rd General Assembly enrolls
students in one or 
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    more bachelor-level programs,
enrolls a majority of its 
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    students in degree
programs,
and is accredited by a

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    national accrediting agency that is recognized by the U.S. 
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    Department of
Education and (B) which is regulated by the 
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    Illinois Board of Higher
Education under
the Private 
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    College Act or the Academic Degree Act, or which is exempt 
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    from
such regulation under either of the foregoing Acts 
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    solely for the reason that
such educational institution was 
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    in operation on the effective date of either
such Act.


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        (6) Any institution and the franchisees of such 
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    institution which offer
exclusively a course of 
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    instruction in income tax theory or return preparation
at a 
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    total contract price of no more than $400, provided that 
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    the total annual
enrollment of such institution for all 
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    such courses of instruction exceeds 500
students, and 
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    further provided that the total contract price for all

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    instruction offered to a student in any one calendar year 
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    does not exceed $400.
 For each calendar year after 1990, 
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    the total contract price shall be adjusted,
rounded off to 
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    the nearest dollar, by the same percentage as the increase 
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    or
decrease in the general price level as measured by the 
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    consumer price index for
all urban consumers for the United 
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    States, or its successor index, as defined
and officially 
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    reported by the United States Department of Labor, or its

 


 






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    successor agency.  The change in the index shall be that as 
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    first published by
the Department of Labor for the calendar 
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    year immediately preceding the year in
which the total 
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    contract price is calculated.

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    (b) An institution exempted under subsection (a) of this 
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Section must file
with the Superintendent an annual financial 
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report to demonstrate continued
compliance by the institution 
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with the requirements on which the exemption is
based.

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(Source: P.A. 92-62, eff. 1-1-02; 93-919, eff. 8-12-04.)

 

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    Section 99. Effective date. This Act takes effect upon 
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becoming law.