ERWIN-YOUNGE-WINKEL-HOWARD-DAVIS,MONIQUE, GILES, KENNER AND MCGUIRE.
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
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status