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90_HB1544 105 ILCS 305/2 from Ch. 122, par. 1503-2 Amends the Illinois Mathematics and Science Academy Law. Creates a graduated annual tuition charge for students of the Illinois Mathematics and Science Academy based on the adjusted gross income of the student's family. Defines terms. LRB9004181THpk LRB9004181THpk 1 AN ACT to amend the Illinois Mathematics and Science 2 Academy Law by changing Section 2. 3 Be it enacted by the People of the State of Illinois, 4 represented in the General Assembly: 5 Section 5. The Illinois Mathematics and Science Academy 6 Law is amended by changing Section 2 as follows: 7 (105 ILCS 305/2) (from Ch. 122, par. 1503-2) 8 Sec. 2. Establishment, Funding and Location. There is 9 hereby created the Illinois Mathematics and Science Academy 10 which shall be a residential institution located in the Fox 11 River Valley in close proximity to the national science 12 laboratories based in Illinois. The Academy shall be a State 13 agency, funded by State appropriations, private contributions 14 and endowments, tuition charges collected from students, and.15 minimal fees for residential students that also may be 16 charged. 17 The annual tuition charged to each student of the Academy 18 shall be determined in accordance with the following table: 19 Adjusted Gross Income Annual Tuition Charge 20 $0 to $29,999 $0 21 $30,000 to $49,999 $500 22 $50,000 to $64,999 $1,000 23 $65,000 to $84,999 $1,250 24 $85,000 or greater $1,500 25 As used in the above table, "adjusted gross income" means the 26 adjusted gross income of the Academy student's family 27 properly reportable for federal income tax purposes, as 28 determined under the Internal Revenue Code, for the taxable 29 year last ending before commencement of the school year for 30 which the annual tuition charge is made; and as used in this -2- LRB9004181THpk 1 Section, the term "student's family" means: (i) the parents 2 of the student; or (ii) if the student has no parent, the 3 legal guardian of the student and any spouse of the legal 4 guardian who resides in the same household with the legal 5 guardian; or (iii) if the student has no parent or legal 6 guardian, any relative of the student who is a member of the 7 same household as the student and who claims or is the spouse 8 of the person who claims the student as a dependent on his or 9 her federal income tax return, and any spouse of that 10 relative who resides in the same household with that 11 relative. The annual tuition charge shall be prorated if a 12 student is not an enrolled student of the Academy during any 13 part of a semester or quarter of the school term, if the 14 Academy actually has divided the school term into separate 15 and distinct semesters or quarters. 16 The Academy may admit those students who have completed 17 the academic equivalent of the 9th grade and may offer a 18 program of secondary and postsecondary course work. Admission 19 shall be determined by competitive examination. 20 In order to be eligible for State appropriations, the 21 Academy shall submit to the Board of Higher Education not 22 later than the 1st day of October of each year its budget 23 proposal for the operation and capital needs of the Academy 24 for its next fiscal year. 25 (Source: P.A. 86-109.)