Synopsis As Introduced Amends the Higher Education Student Assistance Act. Creates a legislative scholarship task force to receive and consider applications for scholarship assistance. Requires the task force to receive and consider nominations for scholarship assistance, with a total of 8 scholarships per representative district to be awarded each year. Provides that a nominee is eligible for a scholarship if the task force finds that the nominee meets certain qualifications, including that he or she is a resident of the representative district for which a scholarship is to be awarded and that he or she is enrolled or accepted for enrollment at a public university in this State. Provides that legislative scholarships are good for a period of not more than one year while enrolled for residence credit, are applicable toward 2 semesters of enrollment within an academic year, and exempt the holder from the payment of tuition and fees. Sets forth provisions concerning application for a scholarship and renewals.