Illinois General Assembly - Full Text of Public Act 098-0920
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Public Act 098-0920


 

Public Act 0920 98TH GENERAL ASSEMBLY

  
  
  

 


 
Public Act 098-0920
 
HB5323 EnrolledLRB098 16867 OMW 51940 b

    AN ACT concerning education.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Higher Education Student Assistance Act is
amended by adding Section 47 as follows:
 
    (110 ILCS 947/47 new)
    Sec. 47. Study; applicability and practicality of
Pennsylvania's Pay It Forward Pay It Back program to the State
of Illinois.
    (a) The Illinois Student Assistance Commission shall
undertake a study to determine the practical and fiscal impacts
of adopting a program in Illinois similar to Pennsylvania's Pay
It Forward Pay It Back program. The study shall focus on the
particular intricacies, details, and mechanics of funding,
with specific regard to the proposal contained in the language
of House Bill 5323 from the 98th General Assembly, as
introduced. The Commission shall also, to the greatest extent
possible, conduct a survey of similar programs within the 50
states, with specific regard to funding and programmatic
practicality and feasibility.
    (b) The Commission shall prepare a report based on the
results of the study and submit its report to the General
Assembly on or before December 1, 2014.
    (c) This Section is repealed on December 1, 2015.
 
    Section 99. Effective date. This Act takes effect upon
becoming law.

Effective Date: 8/15/2014