Illinois General Assembly - Bill Status for HB4221

Synopsis As Introduced
Amends the Higher Education Student Assistance Act. Provides that if any of the Illinois Student Assistance Commission's student loans are sold or transferred to a private entity, then the private entity must offer the same interest and fee rate reduction plan on the loan that the Commission would have offered if the loan was held by the Commission. Effective immediately.

House Committee Amendment No. 1
Deletes everything after the enacting clause. Amends the Higher Education Student Assistance Act. Provides that if any of the Illinois Student Assistance Commission's student loans are sold or transferred to a private entity, then the private entity must offer an interest rate on the loan that is the same as or lower than the Commission offered at the time of sale or transfer and must offer the same fee reduction plan that was offered by the Commission at the time of sale or transfer. Effective immediately.

Actions

Date	Chamber	Action
12/5/2005	House	Filed with the Clerk by Rep. Naomi D. Jakobsson
1/4/2006	House	First Reading
1/4/2006	House	Referred to Rules Committee
2/7/2006	House	Assigned to Higher Education Committee
2/15/2006	House	Added Co-Sponsor Rep. Robert W. Pritchard
2/15/2006	House	House Committee Amendment No. 1 Filed with Clerk by Higher Education Committee
2/15/2006	House	House Committee Amendment No. 1 Adopted in Higher Education Committee; by Voice Vote
2/15/2006	House	Do Pass as Amended / Short Debate Higher Education Committee; 013-000-000
2/15/2006	House	Placed on Calendar 2nd Reading - Short Debate
2/16/2006	House	Added Chief Co-Sponsor Rep. William B. Black
2/16/2006	House	Added Chief Co-Sponsor Rep. Lou Lang
2/16/2006	House	Second Reading - Short Debate
2/16/2006	House	Placed on Calendar Order of 3rd Reading - Short Debate
2/16/2006	House	Added Chief Co-Sponsor Rep. Karen A. Yarbrough
2/21/2006	House	Added Co-Sponsor Rep. Kathleen A. Ryg
2/21/2006	House	Added Co-Sponsor Rep. Chapin Rose
2/21/2006	House	Added Co-Sponsor Rep. Shane Cultra
2/21/2006	House	Third Reading - Short Debate - Passed 113-000-000
2/22/2006	Senate	Arrive in Senate
2/22/2006	Senate	Placed on Calendar Order of First Reading
2/22/2006	Senate	Chief Senate Sponsor Sen. Richard J. Winkel, Jr.
2/22/2006	Senate	First Reading
2/22/2006	Senate	Referred to Rules
4/7/2006	Senate	Added as Alternate Chief Co-Sponsor Sen. Dale A. Righter
4/7/2006	Senate	Added as Alternate Chief Co-Sponsor Sen. Cheryl Axley
4/7/2006	Senate	Added as Alternate Chief Co-Sponsor Sen. David Luechtefeld
4/7/2006	Senate	Added as Alternate Co-Sponsor Sen. J. Bradley Burzynski
4/7/2006	Senate	Added as Alternate Co-Sponsor Sen. Larry K. Bomke
4/7/2006	Senate	Added as Alternate Co-Sponsor Sen. Bill Brady
4/7/2006	Senate	Added as Alternate Co-Sponsor Sen. Dan Rutherford
4/7/2006	Senate	Added as Alternate Co-Sponsor Sen. Christine Radogno
1/9/2007	House	Session Sine Die

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