Public Act 096-1282
 
HB6206 EnrolledLRB096 20404 MJR 36050 b

    AN ACT concerning education.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Illinois Prepaid Tuition Act is amended by
changing Sections 10, 30, 35, 45, 50, and 65 as follows:
 
    (110 ILCS 979/10)
    Sec. 10. Definitions. In this Act:
    "Illinois public university" means the University of
Illinois, Illinois State University, Chicago State University,
Governors State University, Southern Illinois University,
Northern Illinois University, Eastern Illinois University,
Western Illinois University, or Northeastern Illinois
University.
    "Illinois community college" means a public community
college as defined in Section 1-2 of the Public Community
College Act.
    "Eligible MAP-eligible institution" means an institution
of higher learning, as defined in Section 10 of the Higher
Education Student Assistance Act, a public institution of
higher education or a nonpublic institution of higher education
whose students are eligible to receive need-based student
financial assistance through State Monetary Award Program
(MAP) grants administered by the Illinois Student Assistance
Commission under the Higher Education Student Assistance Act
and whose students also are eligible to receive benefits under
Section 529(a) of the Internal Revenue Code of 1986, as
specified by the federal Small Business Act of 1996 and
subsequent amendments to this federal law.
    "Illinois prepaid tuition contract" or "contract" means a
contract entered into between the State and a Purchaser under
Section 45 to provide for the higher education of a qualified
beneficiary.
    "Illinois prepaid tuition program" or "program" means the
program created in Section 15.
    "Purchaser" means a person who makes or has contracted to
make payments under an Illinois prepaid tuition contract.
    "Public institution of higher education" means an Illinois
public university or Illinois community college.
    "Nonpublic institution of higher education" means any
eligible institution MAP-eligible educational organization,
other than a public institution of higher education, that
provides a minimum of an organized 2-year program at the
postsecondary level and that operates in conformity with
standards substantially equivalent to those of public
institutions of higher education.
    "Qualified beneficiary" means (i) anyone who has been a
resident of this State for at least 12 months prior to the date
of the contract, or (ii) a nonresident, so long as the
purchaser has been a resident of the State for at least 12
months prior to the date of the contract, or (iii) any person
less than one year of age whose parent or legal guardian has
been a resident of this State for at least 12 months prior to
the date of the contract.
    "Tuition" means the quarter or semester charges imposed on
a qualified beneficiary to attend an eligible a MAP-eligible
institution.
    "Mandatory Fees" means those quarter or semester fees
imposed upon all students enrolled at an eligible a
MAP-eligible institution.
    "Registration Fees" means the charges derived by combining
tuition and mandatory fees.
    "Contract Unit" means 15 credit hours of instruction at an
eligible a MAP-eligible institution.
    "Panel" means the investment advisory panel created under
Section 20.
    "Commission" means the Illinois Student Assistance
Commission.
(Source: P.A. 93-56, eff. 7-1-03.)
 
    (110 ILCS 979/30)
    Sec. 30. Investment Advisory Panel duties and
responsibilities.
    (a) Advice and review. The panel shall offer advice and
counseling regarding the investments of the Illinois prepaid
tuition program with the objective of obtaining the best
possible return on investments consistent with actuarial
soundness of the program. The panel is required to annually
review and advise the Commission on provisions of the strategic
investment plan for the prepaid tuition program. The panel is
also charged with reviewing and advising the Commission with
regard to the annual report that describes the current
financial condition of the program. The panel at its own
discretion also may advise the Commission on other aspects of
the program.
    (b) Investment plan. The Commission annually shall adopt a
comprehensive investment plan for purposes of this Section. The
comprehensive investment plan shall specify the investment
policies to be utilized by the Commission in its administration
of the Illinois Prepaid Tuition Trust Fund created by Section
35. The Commission may direct that assets of those Funds be
placed in savings accounts or may use the same to purchase
fixed or variable life insurance or annuity contracts,
securities, evidence of indebtedness, or other investment
products pursuant to the comprehensive investment plan and in
such proportions as may be designated or approved under that
plan. The Commission shall invest such assets with the care,
skill, prudence, and diligence under the circumstances then
prevailing that a prudent man acting in a like capacity and
familiar with such matters would use in the conduct of an
enterprise of a like character with like aims, and the
Commission shall diversify the investments of such assets so as
to minimize the risk of large losses, unless under the
circumstances it is clearly prudent not to do so. Those
insurance, annuity, savings, and investment products shall be
underwritten and offered in compliance with applicable federal
and State laws, rules, and regulations by persons who are
authorized thereunder to provide those services. The
Commission shall delegate responsibility for preparing the
comprehensive investment plan to the Executive Director of the
Commission. Nothing in this Section shall preclude the
Commission from contracting with a private corporation or
institution to provide such services as may be a part of the
comprehensive investment plan or as may be deemed necessary for
implementation of the comprehensive investment plan,
including, but not limited to, providing consolidated billing,
individual and collective record keeping and accounting, and
asset purchase, control, and safekeeping.
    (c) Program management. The Commission may not delegate its
management functions, but may arrange to compensate for
personalized investment advisory services rendered with
respect to any or all of the investments under its control an
investment advisor registered under Section 8 of the Illinois
Securities Law of 1953 or any bank or other entity authorized
by law to provide those services. Nothing contained herein
shall preclude the Commission from subscribing to general
investment research services available for purchase or use by
others. The Commission also shall have authority to compensate
for accounting, computing, and other necessary services.
    (d) Annual report. The Commission shall annually prepare or
cause to be prepared a report setting forth in appropriate
detail an accounting of all Illinois prepaid tuition program
funds and a description of the financial condition of the
program at the close of each fiscal year. Included in this
report shall be an evaluation by at least one nationally
recognized actuary of the financial viability of the program.
This report shall be submitted to the Governor, the President
of the Senate, the Speaker of the House of Representatives, the
Auditor General, and the Board of Higher Education on or before
March 1 of the subsequent fiscal year. This report also shall
be made available to purchasers of Illinois prepaid tuition
contracts and shall contain complete Illinois prepaid tuition
contract sales information, including, but not limited to,
projected postsecondary enrollment data for qualified
beneficiaries.
    (e) Marketing plan. Selection of a marketing agent for the
Illinois prepaid tuition program must be approved by the
Commission. At least once every 3 years, the Commission shall
solicit proposals for marketing of the Illinois prepaid tuition
program in accordance with the Illinois Securities Law of 1953
and any applicable provisions of federal law. The entity
designated pursuant to this paragraph shall serve as a
centralized marketing agent for the program and shall have
exclusive responsibility for marketing the program. No
contract for marketing the Illinois prepaid tuition program
shall extend for longer than 3 years. Any materials produced
for the purpose of marketing the program shall be submitted to
the Executive Director of the Commission for approval before
they are made public. Any eligible Illinois MAP-eligible
institution may distribute marketing materials produced for
the program, so long as the Executive Director of the
Commission approves the distribution in advance. Neither the
State nor the Commission shall be liable for misrepresentation
of the program by a marketing agent.
    (f) Accounting and audit. The Commission shall annually
cause to be prepared an accounting of the trust and shall
transmit a copy of the accounting to the Governor, the
President of the Senate, the Speaker of the House, and the
minority leaders of the Senate and House of Representatives.
The Commission shall also make available this accounting of the
trust to any purchaser of an Illinois prepaid tuition contract,
upon request. The accounts of the Illinois prepaid tuition
program shall be subject to annual audits by the Auditor
General or a certified public accountant appointed by the
Auditor General.
(Source: P.A. 90-546, eff. 12-1-97; 91-669, eff. 1-1-00.)
 
    (110 ILCS 979/35)
    Sec. 35. Illinois Prepaid Tuition Trust Fund.
    (a) The Illinois Prepaid Tuition Trust Fund is created as
the repository of all moneys received by the Commission in
conjunction with the Illinois prepaid tuition program. The
Illinois Prepaid Tuition Trust Fund also shall be the official
repository of all contributions, appropriations, interest and
dividend payments, gifts, or other financial assets received by
the Commission in connection with operation of the Illinois
prepaid tuition program. All such moneys shall be deposited in
the Illinois Prepaid Tuition Trust Fund and held by the State
Treasurer as ex-officio custodian thereof, outside of the State
Treasury, separate and apart from all public moneys or funds of
this State.
    All interest or other earnings accruing or received on
amounts in the Illinois Prepaid Tuition Trust Fund shall be
credited to and retained by the Fund. Moneys, interest, or
other earnings paid into the Fund shall not be transferred or
allocated by the Commission, the State Treasurer, or the State
Comptroller to any other fund, nor shall the Governor authorize
any such transfer or allocation, while any contracts are
outstanding. The State Comptroller shall not offset moneys paid
to institutions from the Illinois Prepaid Tuition Trust Fund
(unless the Trust Fund moneys are used for child support). In
addition, no moneys, interest, or other earnings paid into the
Fund shall be used, temporarily or otherwise, for interfund
borrowing or be otherwise used or appropriated except as
expressly authorized in this Act.
    The Illinois Prepaid Tuition Trust Fund and each individual
participant account that may be created in that Fund in
conjunction with the Illinois prepaid tuition program shall be
subject to audit in the same manner as funds and accounts
belonging to the State of Illinois and shall be protected by
the official bond given by the State Treasurer.
    (b) The Commission from time to time shall direct the State
Treasurer to invest moneys in the Illinois Prepaid Tuition
Trust Fund that are not needed for immediate disbursement, in
accordance with provisions of the investment plan approved by
the Commission.
    (c) The Executive Director of the Commission shall, at such
times and in such amounts as shall be necessary, prepare and
send to the State Comptroller vouchers requesting payment from
the Illinois Prepaid Tuition Trust Fund for: (i) registration
tuition and fee payments to eligible MAP-eligible institutions
on behalf of qualified beneficiaries of Illinois prepaid
tuition contracts, and (ii) payments associated with
administration of the Illinois prepaid tuition program.
    (d) The Governor shall indicate in a separate document
submitted concurrent with each annual State budget the
estimated amount of moneys in the Illinois Prepaid Tuition
Trust Fund which shall be necessary and sufficient, during that
State fiscal year, to discharge all obligations anticipated
under Illinois prepaid tuition contracts. The Governor also
shall indicate in a separate document submitted concurrent with
each annual State budget the amount of moneys from the Illinois
Prepaid Tuition Trust Fund necessary to cover anticipated
expenses associated with administration of the program. The
Commission shall obtain concurrence from a nationally
recognized actuary as to all amounts necessary for the program
to meet its obligations. These amounts shall be certified
annually to the Governor by the Commission no later than
January 30.
    During the first 18 months of operation of the Illinois
prepaid tuition program, the Governor shall request an
appropriation to the Commission from general funds sufficient
to pay for start-up costs associated with establishment of the
program. This appropriation constitutes a loan that shall be
repaid to the General Revenue Fund within 5 years by the
Commission from prepaid tuition program contributions.
Subsequent program administrative costs shall be provided from
reasonable fees and charges equitably assessed to purchasers of
prepaid tuition contracts.
    (e) If the Commission determines that there are
insufficient moneys in the Illinois Prepaid Tuition Trust Fund
to pay contractual obligations in the next succeeding fiscal
year, the Commission shall certify the amount necessary to meet
these obligations to the Board of Higher Education, the
Governor, the President of the Senate, and the Speaker of the
House of Representatives. The Governor shall submit the amount
so certified to the General Assembly as soon as practicable,
but no later than the end of the current State fiscal year.
    (f) In the event the Commission, with the concurrence of
the Governor, determines the program to be financially
infeasible, the Commission may discontinue, prospectively, the
operation of the program. Any qualified beneficiary who has
been accepted by and is enrolled or will within 5 years enroll
at an eligible a MAP-eligible institution shall be entitled to
exercise the complete benefits specified in the Illinois
prepaid tuition contract. All other contract holders shall
receive an appropriate refund of all contributions and accrued
interest up to the time that the program is discontinued.
(Source: P.A. 93-56, eff. 7-1-03.)
 
    (110 ILCS 979/45)
    Sec. 45. Illinois prepaid tuition contracts.
    (a) The Commission may enter into an Illinois prepaid
tuition contract with a purchaser under which the Commission
contracts on behalf of the State to pay full tuition and
mandatory fees at an Illinois public university or Illinois
community college for a qualified beneficiary to attend the
eligible MAP-eligible institution to which the qualified
beneficiary is admitted. Each contract shall contain terms,
conditions, and provisions that the Commission determines to be
necessary for ensuring the educational objectives and
sustainable financial viability of the Illinois prepaid
tuition program.
    (b) Each contract shall have one designated purchaser and
one designated qualified beneficiary. Unless otherwise
specified in the contract, the purchaser owns the contract and
retains any tax liability for its assets only until the first
distribution of benefits. Contracts shall be purchased in units
of 15 credit hours at any MAP-eligible institution.
    (c) Without exception, benefits may be received by a
qualified beneficiary of an Illinois prepaid tuition contract
no earlier than 3 years from the date the contract is
purchased.
    (d) A prepaid tuition contract shall contain, but is not
limited to, provisions for (i) refunds or withdrawals in
certain circumstances, with or without interest or penalties;
(ii) conversion of the contract at the time of distribution
from accrued prepayment value at one type of eligible
MAP-eligible institution to the accrued prepayment value at a
different type of eligible MAP-eligible institution; (iii)
portability of the accrued value of the prepayment value for
use at an eligible institution located outside this State
out-of-state higher education institution; (iv)
transferability of the contract benefits within the qualified
beneficiary's immediate family; and (v) a specified benefit
period during which the contract may be redeemed.
    (e) Each Illinois prepaid tuition contract also shall
contain, at minimum, all of the following:
        (1) The amount of payment or payments and the number of
    payments required from a purchaser on behalf of a qualified
    beneficiary.
        (2) The terms and conditions under which purchasers
    shall remit payments, including, but not limited to, the
    date or dates upon which each payment shall be due.
        (3) Provisions for late payment charges and for
    default.
        (4) Provisions for penalty fees payable incident to an
    authorized withdrawal.
        (5) The name, date of birth, and social security number
    of the qualified beneficiary on whose behalf the contract
    is drawn and the terms and conditions under which the
    contract may be transferred to another qualified
    beneficiary.
        (6) The name and social security number of any person
    who may terminate the contract, together with terms that
    specify whether the contract may be terminated by the
    purchaser, the qualified beneficiary, a specific
    designated person, or any combination of these persons.
        (7) The terms and conditions under which a contract may
    be terminated, the name and social security number of the
    person entitled to any refund due as a result of the
    termination of the contract pursuant to those terms and
    conditions, and the method for determining the amount of a
    refund.
        (8) The time limitations, if any, within which the
    qualified beneficiary must claim his or her benefits
    through the program.
        (9) Other terms and conditions determined by the
    Commission to be appropriate.
    (f) In addition to the contract provisions set forth in
subsection (e), each Illinois prepaid tuition contract shall
include:
        (1) The number of credit hours contracted by the
    purchaser.
        (2) The type of eligible MAP-eligible institution and
    the prepaid tuition plan toward which the credit hours
    shall be applied.
        (3) The explicit contractual obligation of the
    Commission to the qualified beneficiary to provide a
    specific number of credit hours of undergraduate
    instruction at an eligible a MAP-eligible institution, not
    to exceed the maximum number of credit hours required for
    the conference of a degree that corresponds to the plan
    purchased on behalf of the qualified beneficiary.
    (g) The Commission shall indicate by rule the conditions
under which refunds are payable to a contract purchaser.
Generally, no refund shall exceed the amount paid into the
Illinois Prepaid Tuition Trust Fund by the purchaser. In the
event that a contract is converted from a Public University
Plan described in subsection (j) of this Section to a Community
College Plan described in subsection (k) of this Section, the
refund amount shall be reduced by the amount transferred to the
Illinois community college on behalf of the qualified
beneficiary. Except where the Commission may otherwise rule,
refunds may exceed the amount paid into the Illinois Prepaid
Tuition Trust Fund only under the following circumstances:
        (1) If the qualified beneficiary is awarded a grant or
    scholarship at a public institution of higher education,
    the terms of which duplicate the benefits included in the
    Illinois prepaid tuition contract, then moneys paid for the
    purchase of the contract shall be returned to the
    purchaser, upon request, in semester installments that
    coincide with the matriculation by the qualified
    beneficiary, in an amount equal to the current cost of
    tuition and mandatory fees at the public institution of
    higher education MAP-eligible institution where the
    qualified beneficiary is enrolled.
        (1.5) If the qualified beneficiary is awarded a grant
    or scholarship while enrolled at either an eligible a
    MAP-eligible nonpublic institution of higher education or
    an eligible public or private out-of-state higher
    education institution, the terms of which duplicate the
    benefits included in the Illinois prepaid tuition
    contract, then money paid for the purchase of the contract
    shall be returned to the purchaser, upon request, in
    semester installments that coincide with the matriculation
    by the qualified beneficiary. The amount paid shall not
    exceed the current average mean-weighted credit hour value
    of the registration fees purchased under the contract.
        (2) In the event of the death or total disability of
    the qualified beneficiary, moneys paid for the purchase of
    the Illinois prepaid tuition contract shall be returned to
    the purchaser together with all accrued earnings.
        (3) If an Illinois prepaid tuition contract is
    converted from a Public University Plan to a Community
    College Plan, then the amount refunded shall be the value
    of the original Illinois prepaid tuition contract minus the
    value of the contract after conversion.
    No refund shall be authorized under an Illinois prepaid
tuition contract for any semester partially attended but not
completed.
    The Commission, by rule, shall set forth specific
procedures for making contract payments in conjunction with
grants and scholarships awarded to contract beneficiaries.
    Moneys paid into or out of the Illinois Prepaid Tuition
Trust Fund by or on behalf of the purchaser or the qualified
beneficiary of an Illinois prepaid tuition contract are exempt
from all claims of creditors of the purchaser or beneficiary,
so long as the contract has not been terminated.
    The State or any State agency, county, municipality, or
other political subdivision, by contract or collective
bargaining agreement, may agree with any employee to remit
payments toward the purchase of Illinois prepaid tuition
contracts through payroll deductions made by the appropriate
officer or officers of the entity making the payments. Such
payments shall be held and administered in accordance with this
Act.
    (h) Nothing in this Act shall be construed as a promise or
guarantee that a qualified beneficiary will be admitted to an
eligible a MAP-eligible institution or to a particular eligible
MAP-eligible institution, will be allowed to continue
enrollment at an eligible a MAP-eligible institution after
admission, or will be graduated from an eligible a MAP-eligible
institution.
    (i) The Commission shall develop and make prepaid tuition
contracts available under a minimum of at least 2 independent
plans to be known as the Public University Plan and the
Community College Plan.
    Contracts shall be purchased in units of 15 credit hours at
either an Illinois public university or an Illinois community
college. The minimum purchase amount per qualified beneficiary
shall be one unit or 15 credit hours. The maximum purchase
amount shall be 9 units (or 135 credit hours) for the Public
University Plan and 4 units (or 60 credit hours) for the
Community College Plan.
    (j) Public University Plan. Through the Public University
Plan, the Illinois prepaid tuition contract shall provide
prepaid registration fees, which include full tuition costs as
well as mandatory fees, for a specified number of undergraduate
credit hours, not to exceed the maximum number of credit hours
required for the conference of a baccalaureate degree. In
determining the cost of participation in the Public University
Plan, the Commission shall reference the combined
mean-weighted current registration fees from all Illinois
public universities.
    In the event that a qualified beneficiary for whatever
reason chooses to attend an Illinois community college, the
qualified beneficiary may convert the average number of credit
hours required for the conference of an associate degree from
the Public University Plan to the Community College Plan and
may retain the remaining Public University Plan credit hours or
may request a refund for prepaid credit hours in excess of
those required for conference of an associate degree. In
determining the amount of any refund, the Commission also shall
recognize the current relative credit hour cost of the 2 plans
when making any conversion.
    Qualified beneficiaries shall bear the cost of any
laboratory or other non-mandatory fees associated with
enrollment in specific courses. Qualified beneficiaries who
are not Illinois residents shall bear the difference in cost
between in-state registration fees guaranteed by the prepaid
tuition contract and tuition and other charges assessed upon
out-of-state students by the eligible MAP-eligible
institution.
    (k) Community College Plan. Through the Community College
Plan, the Illinois prepaid tuition contract shall provide
prepaid registration fees, which include full tuition costs as
well as mandatory fees, for a specified number of undergraduate
credit hours, not to exceed the maximum number of credit hours
required for the conference of an associate degree. In
determining the cost of participation in the Community College
Plan, the Commission shall reference the combined
mean-weighted current registration fees from all Illinois
community colleges.
    In the event that a qualified beneficiary for whatever
reason chooses to attend an Illinois public university, the
qualified beneficiary's prepaid tuition contract shall be
converted for use at that Illinois public university by
referencing the current average mean-weighted credit hour
value of registration fees at Illinois community colleges
relative to the corresponding value of registration fees at
Illinois public universities.
    Qualified beneficiaries shall bear the cost of any
laboratory or other non-mandatory fees associated with
enrollment in specific courses. Qualified beneficiaries who
are not Illinois residents shall bear the difference in cost
between in-state registration fees guaranteed by the prepaid
tuition contract and tuition and other charges assessed upon
out-of-state students by the eligible MAP-eligible
institution.
    (l) A qualified beneficiary may apply the benefits of any
Illinois prepaid tuition contract toward a nonpublic
institution of higher education. In the event that a qualified
beneficiary for whatever reason chooses to attend a nonpublic
institution of higher education, the qualified beneficiary's
prepaid tuition contract shall be converted for use at that
nonpublic institution of higher education by referencing the
current average mean-weighted credit hour value of
registration fees purchased under the contract. The Commission
shall transfer, or cause to have transferred, this amount, less
a transfer fee, to the nonpublic institution on behalf of the
beneficiary. In the event that the cost of registration charged
to the beneficiary at the nonpublic institution of higher
education is less than the aggregate value of the Illinois
prepaid tuition contract, any remaining amount shall be
transferred in subsequent semesters until the transfer value is
fully depleted.
    (m) A qualified beneficiary may apply the benefits of any
Illinois prepaid tuition contract toward an eligible
out-of-state college or university. Institutional eligibility
for out-of-state colleges and universities shall be determined
by the Commission according to standards substantially
equivalent to those for an eligible institution located in this
State, as described in the definition of "institution of higher
learning" in Section 10 of the Higher Education Student
Assistance Act , but in making those determinations the
Commission shall recognize that the benefits of an Illinois
prepaid tuition contract may not be used at any postsecondary
educational institution that is both operated for-profit and
located outside of Illinois. In the event that a qualified
beneficiary for whatever reason chooses to attend an eligible
out-of-state college or university, the qualified
beneficiary's prepaid tuition contract shall be converted for
use at that college or university by referencing the current
average mean-weighted credit hour value of registration fees
purchased under the contract. The Commission shall transfer, or
cause to have transferred, this amount, less a transfer fee, to
the college or university on behalf of the beneficiary. In the
event that the cost of registration charged to the beneficiary
at the eligible out-of-state college or university is less than
the aggregate value of the Illinois prepaid tuition contract,
any remaining amount shall be transferred in subsequent
semesters until the transfer value is fully depleted.
    (n) Illinois prepaid tuition contracts may be purchased
either by lump sum or by installments. No penalty shall be
assessed for early payment of installment contracts.
    (o) The Commission shall annually adjust the price of new
contracts, in accordance with the annual changes in
registration fees at Illinois public universities and
community colleges.
(Source: P.A. 95-217, eff. 8-16-07.)
 
    (110 ILCS 979/50)
    Sec. 50. Confidentiality and disclosure. Information that
(i) identifies the purchasers or qualified beneficiaries of any
Illinois prepaid tuition contract or any terms or provisions of
any such contract as those terms and provisions relate to a
particular purchaser or qualified beneficiary, or (ii)
discloses any other matter relating to the participation of any
such purchaser or qualified beneficiary in the Illinois prepaid
tuition program or in any independent plan under which that
program is administered, is exempt from inspection, copying, or
disclosure under the Freedom of Information Act. The Commission
may authorize the program's records administrator to release
such information to appropriate personnel at the eligible
MAP-eligible institution at which the beneficiary may enroll or
is enrolled or to another state or federal agency, for purposes
that the Commission deems appropriate, in accordance with
applicable state and federal law. However, any such institution
or agency to which that information is released shall ensure
the continued confidentiality of the information.
(Source: P.A. 90-546, eff. 12-1-97.)
 
    (110 ILCS 979/65)
    Sec. 65. Construction. Nothing in this Act or in an
Illinois prepaid tuition contract shall be construed as a
promise or guarantee by the Program or the State that a person
will be admitted to any eligible MAP-eligible institution or to
a particular eligible MAP-eligible institution, will be
allowed to continue to attend an eligible a MAP-eligible
institution after having been admitted, or will be graduated
from an eligible a MAP-eligible institution.
(Source: P.A. 90-546, eff. 12-1-97.)
 
    Section 99. Effective date. This Act takes effect July 1,
2010.

Effective Date: 7/26/2010