Bill Status of HB 4720   103rd General Assembly

Short Description:  HIGHER ED SAVINGS-MEDICAID

House Sponsors
Rep. Maura Hirschauer-Robyn Gabel, Diane Blair-Sherlock, Laura Faver Dias and Joyce Mason

Senate Sponsors
(Sen. Karina Villa)


Last Action  View All Actions

DateChamber Action
  7/1/2024HousePublic Act . . . . . . . . . 103-0604

Statutes Amended In Order of Appearance
15 ILCS 505/16.8

Synopsis As Introduced
Amends the State Treasurer Act. Provides that, beginning in 2026, the Department of Healthcare and Family Services shall provide the State Treasurer with information on Medicaid recipients with one or more dependent children born after December 31, 2025 for the purpose of identifying the amount of seed funds to be deposited for each beneficiary. In provisions concerning supplementary deposits, provides that the State Treasurer may make supplementary deposits to each eligible child who is enrolled in Medicaid or whose parent or legal guardian is enrolled in Medicaid in the amount of $50 or a greater amount if designated by the State Treasurer by rule. Makes conforming changes.

House Committee Amendment No. 1
Replaces everything after the enacting clause. Amends the State Treasurer Act. Provides that the Department of Revenue shall provide the State Treasurer with the adjusted gross income of tax filers claiming dependents or the adoption tax credit. Provides that the State Treasurer may make supplementary deposits to children in financially insecure households if funds are deposited into the omnibus accounts. Provides that, subject to appropriation, the State Treasurer may make supplementary deposits of $50, or greater if designated by the State Treasurer rule, into the account of each beneficiary whose parent or legal guardian has an adjusted gross income below the Illinois median household income. Provides that the supplementary deposits shall be limited to one deposit per beneficiary.

Senate Committee Amendment No. 1
Provides that, beginning July 1, 2024, the Department of Revenue shall provide the State Treasurer with the adjusted gross income of tax filers claiming dependents or the adoption tax credit. Provides that the State Treasurer may make supplementary deposits (rather than may make supplementary deposits to children in financially insecure households) if sufficient funds are available and if funds are deposited into the omnibus accounts. Makes conforming changes. Adds an immediate effective date.

Actions 
DateChamber Action
  2/2/2024HouseFiled with the Clerk by Rep. Maura Hirschauer
  2/6/2024HouseFirst Reading
  2/6/2024HouseReferred to Rules Committee
  2/16/2024HouseAdded Co-Sponsor Rep. Diane Blair-Sherlock
  2/16/2024HouseAdded Co-Sponsor Rep. Laura Faver Dias
  2/28/2024HouseAssigned to State Government Administration Committee
  4/2/2024HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Maura Hirschauer
  4/2/2024HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  4/3/2024HouseHouse Committee Amendment No. 1 Rules Refers to State Government Administration Committee
  4/3/2024HouseAdded Chief Co-Sponsor Rep. Robyn Gabel
  4/3/2024HouseHouse Committee Amendment No. 1 Adopted in State Government Administration Committee; by Voice Vote
  4/3/2024HouseDo Pass as Amended / Short Debate State Government Administration Committee; 006-003-000
  4/4/2024HousePlaced on Calendar 2nd Reading - Short Debate
  4/17/2024HouseSecond Reading - Short Debate
  4/17/2024HouseHeld on Calendar Order of Second Reading - Short Debate
  4/19/2024HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/19/2024HouseThird Reading - Short Debate - Passed 064-038-004
  4/19/2024HouseAdded Co-Sponsor Rep. Joyce Mason
  4/24/2024SenateArrive in Senate
  4/24/2024SenatePlaced on Calendar Order of First Reading
  4/24/2024SenateChief Senate Sponsor Sen. Karina Villa
  4/24/2024SenateFirst Reading
  4/24/2024SenateReferred to Assignments
  4/30/2024SenateAssigned to Revenue
  4/30/2024SenateRule 2-10 Committee Deadline Established As May 10, 2024
  5/7/2024SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Karina Villa
  5/7/2024SenateSenate Committee Amendment No. 1 Referred to Assignments
  5/8/2024SenateSenate Committee Amendment No. 1 Assignments Refers to Revenue
  5/8/2024SenateSenate Committee Amendment No. 1 Adopted
  5/9/2024SenateDo Pass as Amended Revenue; 006-003-000
  5/9/2024SenatePlaced on Calendar Order of 2nd Reading May 14, 2024
  5/14/2024SenateSecond Reading
  5/14/2024SenatePlaced on Calendar Order of 3rd Reading
  5/17/2024SenateRule 2-10 Third Reading/Passage Deadline Established As May 24, 2024
  5/22/2024SenateThird Reading - Passed; 038-018-000
  5/22/2024HouseArrived in House
  5/22/2024HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 1
  5/22/2024HouseSenate Committee Amendment No. 1 Motion Filed Concur Rep. Maura Hirschauer
  5/22/2024HouseSenate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee
  5/23/2024HouseSenate Committee Amendment No. 1 Motion to Concur Rules Referred to State Government Administration Committee
  5/23/2024HouseSenate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted State Government Administration Committee; 005-003-000
  5/25/2024HouseSenate Committee Amendment No. 1 House Concurs 065-036-006
  5/25/2024HouseHouse Concurs
  5/25/2024HousePassed Both Houses
  6/21/2024HouseSent to the Governor
  7/1/2024HouseGovernor Approved
  7/1/2024HousePublic Act . . . . . . . . . 103-0604
  7/1/2024HouseEffective Date July 1, 2024

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