Bill Title: Creates the Graduate and Retain Our Workforce Act. Establishes the GROW Illinois Program, in which public institutions of higher education award incentive loans to applicants. Provides that, subject to appropriation, the Illinois Student Assistance Commission may, each year, administer applications for assistance under the GROW Illinois Program. Sets forth qualifications for recipients, degrees, and jobs. Provides for loan repayment and rulemaking. Amends the State Finance Act to create the Graduate and Retain Our Workforce (GROW) Illinois Fund as a special fund in the State treasury. Effective immediately.

Spectrum: Partisan Bill (Democrat 8-0)

Status: (Introduced) 2023-06-26 - Senate Floor Amendment No. 1 Pursuant to Senate Rule 3-9(b) / Referred to Assignments [SB1453 Detail]

Text: Latest bill text (Introduced) [HTML]

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