|
| | 104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
SB1376 Introduced 1/29/2025, by Sen. Chapin Rose SYNOPSIS AS INTRODUCED:
| | | Creates the Historical Cost of Attendance Disclosure Act. Requires each public or private college or university to post its cost of attendance on its website for each of the 10 academic years immediately preceding the effective date of the Act and for every academic year thereafter. Requires the posted cost of attendance to delineate which expenses are included in the Internal Revenue Service's Form 1098-T and which expenses are not included in Form 1098-T. |
| |
| | A BILL FOR |
|
|
| | SB1376 | | LRB104 03574 LNS 13598 b |
|
|
| 1 | | AN ACT concerning education.
|
| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly:
|
| 4 | | Section 1. Short title. This Act may be cited as the |
| 5 | | Historical Cost of Attendance Disclosure Act.
|
| 6 | | Section 5. Historical cost of attendance; disclosure. |
| 7 | | (a) Each public or private college or university in this |
| 8 | | State that offers baccalaureate degrees shall post its cost of |
| 9 | | attendance on its website for each of the 10 academic years |
| 10 | | immediately preceding the effective date of this Act and for |
| 11 | | every academic year thereafter. |
| 12 | | (b) The cost of attendance posted under subsection (a) |
| 13 | | shall delineate which expenses are included in the Internal |
| 14 | | Revenue Service's Form 1098-T and which expenses are not |
| 15 | | included in Form 1098-T. |