State of Illinois
90th General Assembly
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90_HB1650

      110 ILCS 920/10           from Ch. 144, par. 2410
          Amends the Baccalaureate Savings Act.  Revises references
      to  the  Board  of  Higher  Education  and  Illinois  Student
      Assistance  Commission  in  the  provisions  relating  to   a
      marketing  program  to inform parents of available options to
      finance a college education.
                                                     LRB9004315THpk
                                               LRB9004315THpk
 1        AN ACT to amend the Baccalaureate Savings Act by changing
 2    Section 10.
 3        Be it enacted by the People of  the  State  of  Illinois,
 4    represented in the General Assembly:
 5        Section  5.   The Baccalaureate Savings Act is amended by
 6    changing Section 10 as follows:
 7        (110 ILCS 920/10) (from Ch. 144, par. 2410)
 8        Sec. 10.  The Illinois Board of  Higher  Education,  with
 9    the  assistance  of  the  Illinois  Student  Assistance State
10    Scholarship  Commission,  shall  develop  and  implement   an
11    educational  program  and  marketing  strategies  designed to
12    inform parents about the options available  for  financing  a
13    college  education  and  the need to accumulate the financial
14    resources necessary to pay  for  a  college  education.   The
15    Board and the Commission shall report to the Governor and the
16    General  Assembly  on the program developed and its operation
17    prior to  April  30,  1988.  The  Illinois  Board  of  Higher
18    Education shall promulgate rules and regulations with respect
19    to their powers and duties pursuant to this Act.
20    (Source: P.A. 85-939.)

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