92nd General Assembly
Summary of HB0862
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House Sponsors:
ERWIN-YOUNGE-WINKEL-HOWARD-DAVIS,MONIQUE, GILES, KENNER AND MCGUIRE.

Senate Sponsors:
HENDON-CULLERTON

Short description: 
HIGH ED-ICEOP-INCR GRANT AMT                                               

Synopsis of Bill as introduced:
        Amends the Illinois Consortium for Educational  Opportunity  Act.      
   Increases  the  maximum  amount  of  a  grant award under the Act from      
   $10,000 annually to $15,000 annually.  Effective July 1, 2001.              
          FISCAL NOTE (Board of Higher Education)                              
          The number of awards made annually under this Act is dependent       
          upon appropriated funds. Awards of $10,000 were granted to 150       
          students for academic year 2000-2001, and 18 students received       
          partial awards of $5,000. Should an equal number of awards be        
          given in FY 02, with a maximum award of $15,000, and a partial       
          award of $7,500, the cost of the awards would be $2,385,000 and      
          $785,000 more than the FY 01 appropriation. If the FY 02 appro-      
          priation is less than $2,385,000 and HB 862 is enacted, the          
          Consortium Board would either grant a fewer number of awards or      
          a fewer number of maximum awards.                                    
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status