IL SB1560 | 2021-2022 | 102nd General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 26 2021 - 25% progression, died in committee
Action: 2021-04-16 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 26 2021 - 25% progression, died in committee
Action: 2021-04-16 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the State Treasurer Act. Modifies provisions concerning the College Savings Pool. Provides that "qualified expenses" includes qualified higher education expenses, including amounts paid as principal or interest on any qualified education loan of a designated beneficiary or a sibling of the designated beneficiary, as provided under the Internal Revenue Code.
Title
QUALIFIED HIGHER ED EXPENSES
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2021-04-16 | Senate | Rule 3-9(a) / Re-referred to Assignments |
| 2021-03-16 | Senate | Assigned to State Government |
| 2021-02-26 | Senate | Referred to Assignments |
| 2021-02-26 | Senate | First Reading |
| 2021-02-26 | Senate | Filed with Secretary by Sen. Celina Villanueva |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 15 | 505 | 16.5 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1560&GAID=16&DocTypeID=SB&SessionID=110&GA=102 |
| Text | https://www.ilga.gov/legislation/102/SB/10200SB1560.htm |
