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