Illinois Senate Bill 3452 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 13 2015 - 100% progression
Action: 2015-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the Board of Higher Education Act. Requires the Board of Higher Education to create a pilot program called Pay Forward, Pay Back to replace the current system of charging students tuition and fees for enrollment at public institutions of higher education. Requires the Board to identify one or more public institutions of higher education to participate in the pilot program. Provides that the pilot program shall (1) allow students to enroll in an institution without paying tuition or fees; (2) provide that, in lieu of paying tuition or fees, students must sign binding contracts to pay to the State of Illinois or the institution a certain percentage of the student's annual adjusted gross income upon graduation from the institution for a specified number of years; (3) specify the number of years and the percentage of annual adjusted gross income for contracts at each participating institution and base the specifications on research to date; and (4) establish an immediate funding source for the first 15 to 20 years of the pilot program and include the establishment of a revolving fund to deposit payments made under the pilot program. Allows the pilot program to vary by institution depending on certain factors and requires the Board to submit reports to the General Assembly.

HIGHER ED-PAY FORWARD PAY BACK

Sen. Michael Frerichs [D]

Date	Chamber	Action
2015-01-13	Senate	Session Sine Die
2014-03-28	Senate	Rule 3-9(a) / Re-referred to Assignments
2014-03-05	Senate	Assigned to Higher Education
2014-02-14	Senate	Referred to Assignments
2014-02-14	Senate	First Reading
2014-02-14	Senate	Filed with Secretary by Sen. Michael W. Frerichs

Chapter	Article	Section	Citation Type	Statute Text
110	205	9.34	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3452&GAID=12&DocTypeID=SB&SessionID=85&GA=98
Text	https://www.ilga.gov/legislation/98/SB/09800SB3452.htm