Rep. Thaddeus Jones
Filed: 3/24/2017
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1 | AMENDMENT TO HOUSE BILL 3498
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2 | AMENDMENT NO. ______. Amend House Bill 3498 by replacing | ||||||
3 | everything after the enacting clause with the following:
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4 | "Section 5. The State Finance Act is amended by adding | ||||||
5 | Section 5.878 as follows: | ||||||
6 | (30 ILCS 105/5.878 new) | ||||||
7 | Sec. 5.878. The Community College Free Tuition Trust Fund. | ||||||
8 | Section 10. The Public Community College Act is amended by | ||||||
9 | adding Section 2-26 as follows: | ||||||
10 | (110 ILCS 805/2-26 new) | ||||||
11 | Sec. 2-26. Integrated Career and Academic Preparation Free | ||||||
12 | Tuition Program. | ||||||
13 | (a) As used in this Section, "eligible student" means a | ||||||
14 | student that is
working to complete his or her high school |
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1 | equivalency and is co-enrolled in credit-bearing career and | ||||||
2 | technical education courses or certificate programs that are | ||||||
3 | delivered through an integrated education and training | ||||||
4 | instructional model as established by the State Board. | ||||||
5 | (b) Subject to appropriation from the Community College | ||||||
6 | Free Tuition Trust Fund, the
State Board shall establish and | ||||||
7 | administer the Integrated Career and Academic Preparation Free | ||||||
8 | Tuition Program, a grant program that provides community | ||||||
9 | colleges with tuition and universal fee payments for eligible | ||||||
10 | students enrolled in the community college. | ||||||
11 | (c) The amount of a grant shall cover the costs of tuition | ||||||
12 | and universal fees for eligible
students. The grant only | ||||||
13 | reimburses the college at the in-district tuition rate. Grant | ||||||
14 | funds received for an eligible student under the Integrated | ||||||
15 | Career and Academic Preparation Free Tuition Program must not | ||||||
16 | be reduced by the receipt of other financial aid from any | ||||||
17 | source by the student. However, a college may not receive a | ||||||
18 | grant for a student pursuant to this Section if, when the grant | ||||||
19 | amount is added to other financial aid received by that | ||||||
20 | student, the total assistance the student receives exceeds the | ||||||
21 | estimated cost to the student of attending the community | ||||||
22 | college in which he or she is enrolled. | ||||||
23 | (d) If the amount appropriated for grants is less than the | ||||||
24 | amount determined necessary
to cover the cost of tuition and | ||||||
25 | mandatory fees for all eligible students, the grants shall be | ||||||
26 | proportionately reduced accordingly. In cases where the |
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1 | appropriation is insufficient to cover calculated costs, a | ||||||
2 | community college district is not required to forgive any | ||||||
3 | remaining account balance of an eligible student. | ||||||
4 | (e) The State Board shall determine the amount to be | ||||||
5 | collected from every bank under the Illinois Banking Act and | ||||||
6 | credit union under the Illinois Credit Union Act that shall be | ||||||
7 | deposited into the Community College Free Tuition Trust Fund, a | ||||||
8 | special fund in the State treasury. Moneys in the Community | ||||||
9 | College Free Tuition Trust Fund shall be used to make payments | ||||||
10 | to Illinois community colleges under this Section. | ||||||
11 | (f) The State Board shall adopt rules necessary to | ||||||
12 | administer the program. | ||||||
13 | Section 15. The Illinois Banking Act is amended by adding | ||||||
14 | Section 48.7 as follows: | ||||||
15 | (205 ILCS 5/48.7 new) | ||||||
16 | Sec. 48.7. Payments to the Community College Free Tuition | ||||||
17 | Trust Fund. Every bank subject to the provisions of this Act | ||||||
18 | shall pay into the Community College Free Tuition Trust Fund as | ||||||
19 | provided in Section 2-26 of the Public Community College Act.
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20 | Section 20. The Illinois Credit Union Act is amended by | ||||||
21 | adding Section 54.5 as follows: | ||||||
22 | (205 ILCS 305/54.5 new) |
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1 | Sec. 54.5. Payments to the Community College Free Tuition | ||||||
2 | Trust Fund. Every credit union subject to the provisions of | ||||||
3 | this Act shall pay into the Community College Free Tuition | ||||||
4 | Trust Fund as provided in Section 2-26 of the Public Community | ||||||
5 | College Act. ".
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