Illinois General Assembly - Full Text of SB1403
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Full Text of SB1403  93rd General Assembly

SB1403eng 93rd General Assembly


SB1403 Engrossed                     LRB093 02104 AMC 02463 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 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  (A) which (i) on
19        the effective date of this  amendatory  Act  of  1984  or
20        which  on  January  2,  2001  enrolls  a  majority of its
21        students  in  degree  programs  and,  has  maintained  an
22        accredited status with the Commission on Institutions  of
23        Higher  Education  of  the  North  Central Association of
24        Colleges and Schools or (ii) on or  after  the  effective
25        date  of this amendatory Act of the 93rd General Assembly
26        enrolls students in one or more bachelor-level  programs,
27        enrolls  a  majority  of its students in degree programs,
28        and is accredited by a national accrediting  agency  that
29        is  recognized  by  the U.S. Department of Education, and
30        (B) which is regulated by the Illinois  Board  of  Higher
31        Education  under  the Private College Act or the Academic
SB1403 Engrossed            -2-      LRB093 02104 AMC 02463 b
 1        Degree Act, or which is exempt from such regulation under
 2        either of the foregoing Acts solely for the  reason  that
 3        such  educational  institution  was  in  operation on the
 4        effective date of either such Act.
 5             (6)  Any institution and  the  franchisees  of  such
 6        institution   which   offer   exclusively   a  course  of
 7        instruction in income tax theory or return preparation at
 8        a total contract price of no  more  than  $400,  provided
 9        that  the total annual enrollment of such institution for
10        all such courses of instruction exceeds 500 students, and
11        further provided that the total contract  price  for  all
12        instruction offered to a student in any one calendar year
13        does not exceed $400.  For each calendar year after 1990,
14        the  total  contract price shall be adjusted, rounded off
15        to the nearest dollar, by  the  same  percentage  as  the
16        increase  or  decrease  in  the  general  price  level as
17        measured by  the  consumer  price  index  for  all  urban
18        consumers  for the United States, or its successor index,
19        as defined and officially reported by the  United  States
20        Department of Labor, or its successor agency.  The change
21        in  the  index  shall  be  that as first published by the
22        Department of Labor for  the  calendar  year  immediately
23        preceding  the  year in which the total contract price is
24        calculated.
25        (b)  An institution exempted under subsection (a) of this
26    Section must file with the Superintendent an annual financial
27    report to demonstrate continued compliance by the institution
28    with the requirements on which the exemption is based.
29    (Source: P.A. 92-62, eff. 1-1-02.)

30        Section 99.  Effective date.  This Act takes effect  upon
31    becoming law.