093_HB0257
LRB093 05165 NHT 05225 b
1 AN ACT in relation to higher education.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 1. Short title. This Act may be cited as the
5 Tuition Increase Limitation Act.
6 Section 5. Definition. As used in this Act, "public
7 institution of higher education" has the meaning ascribed to
8 it in Section 1 of the Board of Higher Education Act, except
9 it does not include any public community college of this
10 State.
11 Section 10. Limitation of tuition increase.
12 Notwithstanding any other law of this State, beginning with
13 the 2003-2004 academic year and in each academic year
14 thereafter the governing board of a public institution of
15 higher education shall not increase or authorize an increase
16 in the rate of undergraduate tuition charged at any campus of
17 a university under its jurisdiction by an amount that is
18 greater than the lesser of the following: (i) 5% of the
19 applicable rate of tuition that was charged in the
20 immediately preceding academic year; or (ii) the result
21 obtained when the applicable rate of tuition that was charged
22 in the immediately preceding academic year is multiplied by
23 the rate of inflation for the calendar year in which that
24 academic year began.
25 Section 99. Effective date. This Act takes effect upon
26 becoming law.