Illinois House Bill 1311 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 2 2015 - 25% progression, died in committee
Action: 2015-03-27 - House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Creates the Pay It Forward, Pay It Back Act and amends the State Finance Act. Establishes, for 5 academic years, a program to provide loans to 400 eligible students per academic year to attend a public community college or university, to be repaid, in part, according to the income of the student borrowers. Provides that the Department of Revenue shall implement and administer the program. Creates the Pay It Forward, Pay It Back Program Fund as a special fund in the State treasury, with moneys used for the sole purpose of awarding program loans under the Act. Sets forth provisions governing the application process and loan repayment. Requires the Department to submit progress reports to the General Assembly. Effective immediately.

HIGHER ED-PAY IT FORWARD

Rep. Jack Franks [D]

Date	Chamber	Action
2015-03-27	House	House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee
2015-03-27	House	Rule 19(a) / Re-referred to Rules Committee
2015-03-24	House	House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
2015-03-23	House	House Committee Amendment No. 1 Referred to Rules Committee
2015-03-23	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Jack D. Franks
2015-02-17	House	Assigned to Revenue & Finance Committee
2015-02-03	House	Referred to Rules Committee
2015-02-03	House	First Reading
2015-02-02	House	Filed with the Clerk by Rep. Jack D. Franks

Chapter	Article	Section	Citation Type	Statute Text
30	105	5.866	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1311&GAID=13&DocTypeID=HB&SessionID=88&GA=99
Text	https://www.ilga.gov/legislation/99/HB/09900HB1311.htm
Amendment	https://www.ilga.gov/legislation/99/HB/09900HB1311ham001.htm