Illinois General Assembly - Bill Status for HB5668
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 Bill Status of HB5668  101st General Assembly


Short Description:  HIGHER ED-STUDENT REFINANCING

House Sponsors
Rep. Katie Stuart

Last Action
DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
110 ILCS 991/53 new


Synopsis As Introduced
Amends the Student Investment Account Act. Provides that the State Treasurer shall develop and implement a student loan refinancing program. Provides that the State Treasurer shall establish specific criteria and guidelines for the program, including: the eligibility of borrowers who may participate in the program; establishing consumer protections for borrowers in the program; the limitations and scope of the program; and program accountability. Authorizes rulemaking. Effective immediately.

Actions 
DateChamber Action
  2/18/2020HouseFiled with the Clerk by Rep. Katie Stuart
  2/18/2020HouseFirst Reading
  2/18/2020HouseReferred to Rules Committee
  3/12/2020HouseAssigned to State Government Administration Committee
  6/23/2020HouseRule 19(b) / Re-referred to Rules Committee
  1/13/2021HouseSession Sine Die

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