Illinois Senate Bill 3742 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 21 2022 - 25% progression, died in committee
Action: 2022-01-21 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Department of Transportation Law of the Civil Administrative Code of Illinois. Requires the Department of Transportation to provide higher education student loan repayment assistance in the form of an annual after-tax bonus of $15,000 per year, for not more than 5 years, to any engineer employed by the Department if (i) the engineer is a graduate of a college or university located in this State, (ii) the engineer provides documentation to the Department of the repayment of higher education student loans taken to attend a college or university located in this State, and (iii) the engineer remains in the employ of the Department for at least 5 years. Provides that if the engineer leaves the employ of the Department prior to serving 5 years, the engineer must return all bonuses made to the engineer by the Department pursuant to these provisions. Effective immediately.

IDOT-BONUS FOR STUDENT LOANS

Sen. Ram Villivalam [D]

Date	Chamber	Action
2022-01-21	Senate	Referred to Assignments
2022-01-21	Senate	First Reading
2022-01-21	Senate	Filed with Secretary by Sen. Ram Villivalam

Chapter	Article	Section	Citation Type	Statute Text
20	2705	2705-617	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3742&GAID=16&DocTypeID=SB&SessionID=110&GA=102
Text	https://www.ilga.gov/legislation/102/SB/10200SB3742.htm