Bill Text: IL HB4749 | 2013-2014 | 98th General Assembly | Introduced

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Bill Title: Amends the Higher Education Loan Act. Makes a technical change in a Section concerning aiding an Authority Education Loan financing program.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2014-12-03 - Session Sine Die [HB4749 Detail]

Download: Illinois-2013-HB4749-Introduced.html

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98TH GENERAL ASSEMBLY State of Illinois 2013 and 2014 HB4749 Introduced , by Rep. Arthur Turner SYNOPSIS AS INTRODUCED:
110 ILCS 945/6.10 from Ch. 144, par. 1605.10
Amends the Higher Education Loan Act. Makes a technical change in a Section concerning aiding an Authority Education Loan financing program.
LRB098 17983 OMW 53108 b
A BILL FOR
HB4749 LRB098 17983 OMW 53108 b
AN ACT concerning education.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Higher Education Loan Act is amended by
changing Section 6.10 as follows:
(110 ILCS 945/6.10) (from Ch. 144, par. 1605.10)
Sec. 6.10. Receipt and acceptance of loans, contributions
or grants. To receive and and accept from any source, loans,
contributions or grants for or in aid of an Authority Education
Loan financing program or any portion thereof and, when
required, to use such funds, property or labor only for the
purposes for which it was loaned, contributed or granted.
(Source: P.A. 82-658.)