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90_HB1539 20 ILCS 505/7.5 new Amends the Children and Family Services Act. Requires the Department of Children and Family Services to establish and implement a loan program to assist Illinois residents in meeting expenses related to the adoption of children under the Department's jurisdiction. Limits recipients to a maximum of $10,000 per child. Requires the Department to adopt rules requiring repayment and verification of use of loans and penalties for default. LRB9004176MWpc LRB9004176MWpc 1 AN ACT to amend the Children and Family Services Act by 2 adding Section 7.5. 3 Be it enacted by the People of the State of Illinois, 4 represented in the General Assembly: 5 Section 5. The Children and Family Services Act is 6 amended by adding Section 7.5 as follows: 7 (20 ILCS 505/7.5 new) 8 Sec. 7.5. Adoption incentive loan program. 9 (a) The Department shall develop and implement a loan 10 program to assist in the payment of adoption-related expenses 11 incurred by persons attempting to become adoptive parents. 12 From funds appropriated for this purpose, the Department 13 shall loan current or prospective adoptive parents amounts 14 necessary to meet expenses required to secure and maintain 15 placement of an adoptee, including but not limited to 16 placement agency fees, legal fees that are the responsibility 17 of the adoptive parent, and an adoptee's medical or other 18 support costs that are the responsibility of the adoptive 19 parent. The maximum aggregate amount that may be loaned for 20 the adoption of one child is $10,000. 21 (b) Loan recipients shall be selected through an 22 application process developed by the Department. Eligibility 23 for a loan shall require determination by the Department that 24 the applicant's financial resources are such that placement 25 and final adoption would be deterred in the absence of 26 financial assistance. Eligibility shall be limited to 27 Illinois residents seeking the adoption of children under the 28 Department's jurisdiction. 29 (c) The Department shall promulgate and adopt rules for 30 the administration of the loan program. Rules shall include 31 but need not be limited to the following: -2- LRB9004176MWpc 1 (1) the requirement that loans be repaid on 2 specified schedules with interest at specified rates, 3 including 0% when deemed appropriate; 4 (2) penalties for late or no repayment of loans; 5 (3) the requirement that a loan recipient actually 6 incur expenses and document those expenses to the 7 Department, or that a loan recipient submit claims for 8 payment for services actually received, before moneys for 9 those expenses or claims are loaned to a recipient; 10 (4) means for monitoring and verifying the use of 11 loans; and 12 (5) means for preventing the use of loans for the 13 repayment of expenses covered or eligible for coverage 14 through a recipient's insurance or other programs 15 available to the recipient.