093_HB3088eng

 
HB3088 Engrossed                     LRB093 11111 AMC 11863 b

 1        AN ACT relating to schools.

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

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

 6        (105 ILCS 425/1.1) (from Ch. 144, par. 136.1)
 7        Sec. 1.1.  Exemptions and annual filing.
 8        (a)  For purposes of this Act, the following shall not be
 9    considered to be a private business and vocational school:
10             (1)  Any eleemosynary institution.
11             (2)  Any religious institution.
12             (3)  Any public educational institution exempt  from
13        property taxation under the laws of Illinois this State.
14             (4)  Any   in-service   course  of  instruction  and
15        subject offered by an employer  provided  no  tuition  is
16        charged and such instruction is offered only to employees
17        of such employer.
18             (5)  Any   educational   institution  which  on  the
19        effective date of this amendatory Act of 1984 or which on
20        January 2, 2001 enrolls a majority  of  its  students  in
21        degree programs, has maintained an accredited status with
22        the Commission on Institutions of Higher Education of the
23        North Central Association of Colleges and Schools, and is
24        regulated by the Illinois Board of Higher Education under
25        the  Private  College  Act or the Academic Degree Act, or
26        which is exempt from such regulation under either of  the
27        foregoing   Acts   solely   for   the  reason  that  such
28        educational institution was in operation on the effective
29        date of either such Act.
30             (6)  Any institution and  the  franchisees  of  such
31        institution   which   offer   exclusively   a  course  of
 
HB3088 Engrossed            -2-      LRB093 11111 AMC 11863 b
 1        instruction in income tax theory or return preparation at
 2        a total contract price of no  more  than  $400,  provided
 3        that  the total annual enrollment of such institution for
 4        all such courses of instruction exceeds 500 students, and
 5        further provided that the total contract  price  for  all
 6        instruction offered to a student in any one calendar year
 7        does not exceed $400.  For each calendar year after 1990,
 8        the  total  contract price shall be adjusted, rounded off
 9        to the nearest dollar, by  the  same  percentage  as  the
10        increase  or  decrease  in  the  general  price  level as
11        measured by  the  consumer  price  index  for  all  urban
12        consumers  for the United States, or its successor index,
13        as defined and officially reported by the  United  States
14        Department of Labor, or its successor agency.  The change
15        in  the  index  shall  be  that as first published by the
16        Department of Labor for  the  calendar  year  immediately
17        preceding  the  year in which the total contract price is
18        calculated.
19        (b)  An institution exempted under subsection (a) of this
20    Section must file with the Superintendent an annual financial
21    report to demonstrate continued compliance by the institution
22    with the requirements on which the exemption is based.
23    (Source: P.A. 92-62, eff. 1-1-02.)

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