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| | HB5323 Engrossed | | LRB098 16867 OMW 51940 b |
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| 1 | | AN ACT concerning education.
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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 Higher Education Student Assistance Act is |
| 5 | | amended by adding Section 47 as follows:
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| 6 | | (110 ILCS 947/47 new) |
| 7 | | Sec. 47. Study; applicability and practicality of |
| 8 | | Pennsylvania's Pay It Forward Pay It Back program to the State |
| 9 | | of Illinois. |
| 10 | | (a) The Illinois Student Assistance Commission shall |
| 11 | | undertake a study to determine the practical and fiscal impacts |
| 12 | | of adopting a program in Illinois similar to Pennsylvania's Pay |
| 13 | | It Forward Pay It Back program. The study shall focus on the |
| 14 | | particular intricacies, details, and mechanics of funding, |
| 15 | | with specific regard to the proposal contained in the language |
| 16 | | of House Bill 5323 from the 98th General Assembly, as |
| 17 | | introduced. The Commission shall also, to the greatest extent |
| 18 | | possible, conduct a survey of similar programs within the 50 |
| 19 | | states, with specific regard to funding and programmatic |
| 20 | | practicality and feasibility. |
| 21 | | (b) The Commission shall prepare a report based on the |
| 22 | | results of the study and submit its report to the General |
| 23 | | Assembly on or before December 1, 2014. |