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Public Act 91-0372
HB1247 Enrolled LRB9101473SMpr
AN ACT to amend the Civil Administrative Code of Illinois
by adding Section 46.19k.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Civil Administrative Code of Illinois is
amended by adding Section 46.19k as follows:
(20 ILCS 605/46.19k new)
Sec. 46.19k. Family loan program.
(a) From amounts appropriated for such purpose, the
Department in consultation with the Department of Human
Services shall solicit proposals to establish programs to be
known as family loan programs. Such programs shall provide
small, no-interest loans to custodial parents with income
below 200% of the federal poverty level and who are working
or enrolled in a post-secondary education program, to aid in
covering the costs of unexpected expenses that could
interfere with their ability to maintain employment or
continue education. Loans awarded through a family loan
program may be paid directly to a third party on behalf of a
loan recipient and in either case shall not constitute income
or resources for the purposes of public assistance and care
so long as the funds are used for the intended purpose.
(b) The Director shall enter into written agreements with
not-for-profit organizations or local government agencies to
administer loan pools. Agreements shall be entered into with
no more than 4 organizations or agencies, no more than one of
which shall be located in the city of Chicago.
(c) Program sites shall be approved based on the
demonstrated ability of the organization or governmental
agency to secure funding from private or public sources
sufficient to establish a loan pool to be maintained through
repayment agreements entered into by eligible low-income
families. Funds awarded by the Department to approved
program sites shall be used for the express purposes of
covering staffing and administration costs associated with
administering the loan pool.
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