Illinois General Assembly - Illinois Compiled Statutes

Updating the database of the Illinois Compiled Statutes (ILCS) is an ongoing process. Recent laws may not yet be included in the ILCS database, but they are found on this site as Public Acts soon after they become law. For information concerning the relationship between statutes and Public Acts, refer to the Guide.

Because the statute database is maintained primarily for legislative drafting purposes, statutory changes are sometimes included in the statute database before they take effect. If the source note at the end of a Section of the statutes includes a Public Act that has not yet taken effect, the version of the law that is currently in effect may have already been removed from the database and you should refer to that Public Act to see the changes made to the current law.

110 ILCS 979/15

(110 ILCS 979/15)

Sec. 15.

Creation of Illinois prepaid tuition program.

There is created
the Illinois prepaid tuition program to be administered by the Illinois Student
Assistance Commission.
This program is to be administered so that the full cost of tuition
and mandatory fees at Illinois public universities and Illinois community
colleges may be paid in advance of enrollment
through the prior purchase of an Illinois prepaid tuition contract.  The
Commission may enter into contracts as may be
necessary to provide for administration of the program and shall develop and
implement rules and regulations necessary for the efficient administration of
the program.

All reasonable charges incidental to the administration of the program by the
Commission shall be paid in the initial start-up period for the program's
operation from
the General Revenue Fund, pursuant to appropriations made for that purpose by
the General Assembly.  Those charges and expenses in subsequent years shall be
paid exclusively from the Illinois Prepaid Tuition Trust Fund established by
Section 35 of this Act.

(Source: P.A. 90-546, eff. 12-1-97.)