Bill Status of HB3253 101st General Assembly
Short Description: HIGHER ED-COLLEGE SAVINGS
Rep. Norine K. Hammond
| 1/13/2021||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the State Treasurer Act and Illinois Prepaid Tuition Act. Provides that, beginning on July 1, 2019, for a designated beneficiary or qualified beneficiary who is a State resident, no contributions toward the College Savings Pool or the purchase of an Illinois prepaid tuition contract may be considered in evaluating the financial situation of the beneficiary or be deemed a financial resource or form of financial aid or assistance to the beneficiary for purposes of determining the eligibility of the beneficiary for any scholarship, grant, or monetary assistance awarded by the Illinois Student Assistance Commission. Provides that contributions toward the College Savings Pool or the purchase of an Illinois prepaid tuition contract may not reduce the amount of any scholarship, grant, or monetary assistance that the beneficiary is eligible to be awarded by the Commission. Effective June 1, 2019.
|Date||Chamber|| Action|| 2/15/2019||House||Filed with the Clerk by Rep. Norine K. Hammond|| 2/15/2019||House||First Reading|| 2/15/2019||House||Referred to Rules Committee|| 3/5/2019||House||Assigned to Higher Education Committee|| 3/27/2019||House||Do Pass / Short Debate Higher Education Committee; 019-000-000|| 3/29/2019||House||Placed on Calendar 2nd Reading - Short Debate|| 4/10/2019||House||Second Reading - Short Debate|| 4/10/2019||House||Held on Calendar Order of Second Reading - Short Debate|| 4/12/2019||House||Rule 19(a) / Re-referred to Rules Committee|| 1/13/2021||House||Session Sine Die|