Illinois General Assembly - Bill Status for SB2849

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Bill Status of SB2849 93rd General Assembly

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Short Description: COMM SCHOLARSHIP FOUNDATION

Senate Sponsors
Sen. Lawrence M. Walsh

Last Action

Date	Chamber	Action
1/11/2005	Senate	Session Sine Die

Statutes Amended In Order of Appearance

New Act

30 ILCS 105/5.625 new

Synopsis As Introduced
Creates the Community Scholarship Foundation Program Act and amends the State Finance Act. Establishes the Community Scholarship Foundation Program, to be administered by the Illinois Student Assistance Commission, to encourage local communities to develop scholarship programs that assist their residents in obtaining a higher education. Requires the Commission to award a foundation $2,000 upon demonstration to the Commission that the foundation has raised $2,000 for scholarships or the creation of an endowment for scholarships. Creates the Community Scholarship Foundation Fund as a special fund in the State treasury. Repeals the Act on June 30, 2007. Effective July 1, 2004.

Actions

Date	Chamber	Action
2/6/2004	Senate	Filed with Secretary by Sen. Lawrence M. Walsh
2/6/2004	Senate	First Reading
2/6/2004	Senate	Referred to Rules
1/11/2005	Senate	Session Sine Die

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