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| | 99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
HB1281 Introduced , by Rep. Michael J. Madigan SYNOPSIS AS INTRODUCED:
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815 ILCS 155/1 | from Ch. 17, par. 6301 |
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Amends the Student Loans to Minors Act. Makes a technical change in a
Section concerning student loans.
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| | A BILL FOR |
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| | HB1281 | | LRB099 05132 JLS 25161 b |
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| 1 | | AN ACT concerning business.
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| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Student Loans to Minors Act is amended by |
| 5 | | changing Section 1 as follows:
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| 6 | | (815 ILCS 155/1) (from Ch. 17, par. 6301)
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| 7 | | Sec. 1.
Any student who has been accepted for admission to |
| 8 | | an
institution in the
the State of Illinois approved by the |
| 9 | | State
Superintendent of Public Instruction as an institution of |
| 10 | | higher
education on either the undergraduate or graduate level |
| 11 | | shall be
permitted to execute a legally binding promissory note |
| 12 | | for a loan
necessary to attend or to continue in attendance at |
| 13 | | an institution of
higher education, subject to approval by the |
| 14 | | institution of higher
education attended. |
| 15 | | (Source: Laws 1959, p. 2056.)
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