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1 | AN ACT concerning education.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 1. Short title. This Act may be cited as the | |||||||||||||||||||||
5 | Graduate and Retain Our Workforce Act. | |||||||||||||||||||||
6 | Section 5. Purpose. In order to encourage academically | |||||||||||||||||||||
7 | talented students who are residents of this State to enter the | |||||||||||||||||||||
8 | workforce in this State upon graduating from degree programs | |||||||||||||||||||||
9 | in high-demand fields of study, while also combating this | |||||||||||||||||||||
10 | State's ever worsening problem of outbound migration of high | |||||||||||||||||||||
11 | school students, this Act establishes the Graduate and Retain | |||||||||||||||||||||
12 | Our Workforce (GROW) Illinois Program. | |||||||||||||||||||||
13 | Section 10. Definitions. As used in this Act: | |||||||||||||||||||||
14 | "Commission" means the Illinois Student Assistance | |||||||||||||||||||||
15 | Commission. | |||||||||||||||||||||
16 | "Full-time" means the number of credit hours the | |||||||||||||||||||||
17 | Commission determines is full-time enrollment for a student | |||||||||||||||||||||
18 | for purposes of the program. | |||||||||||||||||||||
19 | "Program" means the GROW Illinois Program created by this | |||||||||||||||||||||
20 | Act. | |||||||||||||||||||||
21 | "Qualifying degree" means an associate or a bachelor's | |||||||||||||||||||||
22 | degree granted by a qualifying public institution that |
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1 | qualifies an individual to work in a qualifying job, as | ||||||
2 | determined by the Commission. | ||||||
3 | "Qualifying job" means a job selected by the Commission | ||||||
4 | pursuant to Section 20 of this Act (i) for which a recipient of | ||||||
5 | an award under this Act is pursuing a qualifying degree, (ii) | ||||||
6 | for which the recipient has completed a qualifying degree, or | ||||||
7 | (iii) in which the recipient is working. | ||||||
8 | "Qualifying public institution" means a public institution | ||||||
9 | of higher education located in this State.
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10 | "Recipient" means a State resident enrolled in a | ||||||
11 | qualifying public institution who receives an award under this | ||||||
12 | Act. | ||||||
13 | Section 15. GROW Illinois Program. | ||||||
14 | (a) There is established the Graduate and Retain Our | ||||||
15 | Workforce (GROW) Illinois Program to recruit and train | ||||||
16 | individuals to work in certain jobs that have a high demand for | ||||||
17 | new employees and offer high wages by awarding forgivable | ||||||
18 | incentive loans. | ||||||
19 | (b) Subject to appropriation, the Commission may, each | ||||||
20 | year, administer applications for assistance under this Act. | ||||||
21 | (c) Subject to available funds, a qualifying public | ||||||
22 | institution shall award an incentive loan to an individual | ||||||
23 | who: | ||||||
24 | (1) is enrolled full time in the qualifying public | ||||||
25 | institution; |
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1 | (2) has completed at least: | ||||||
2 | (A) one semester of full-time equivalent course | ||||||
3 | work if the individual is pursuing an associate | ||||||
4 | degree; or | ||||||
5 | (B) 2 semesters of full-time equivalent course | ||||||
6 | work if the individual is pursuing a bachelor's | ||||||
7 | degree; | ||||||
8 | (3) is pursuing or declares an intent to pursue a | ||||||
9 | qualifying degree; | ||||||
10 | (4) declares an intent to work, which may be fulfilled | ||||||
11 | by completing and signing an application created by the | ||||||
12 | Commission pursuant to Section 30 of this Act, in a | ||||||
13 | qualifying job in this State following graduation; | ||||||
14 | (5) applies, via an application created by the | ||||||
15 | Commission pursuant to Section 30 of this Act, to the | ||||||
16 | qualifying public institution to receive an incentive | ||||||
17 | loan; and | ||||||
18 | (6) meets other criteria determined by the Commission | ||||||
19 | by rule under Section 30 of this Act. | ||||||
20 | (d) A qualifying public institution may do any of the | ||||||
21 | following: | ||||||
22 | (1) Award an incentive loan to a recipient in an | ||||||
23 | amount up to the cost of resident tuition, fees, and books | ||||||
24 | for the number of credit hours in which the recipient is | ||||||
25 | enrolled each semester. | ||||||
26 | (2) Award an incentive loan to a recipient for up to |
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1 | the expected amount of time for the recipient to complete | ||||||
2 | a qualifying degree, as determined by the institution. | ||||||
3 | (3) Cancel an incentive loan in accordance with rules | ||||||
4 | adopted by the Commission under Section 30 of this Act. | ||||||
5 | (e) A qualifying public institution may use money from a | ||||||
6 | partnership with an industry or business for funding or | ||||||
7 | repaying an incentive loan. | ||||||
8 | (f) Each fiscal year, the Commission may use up to 5% of | ||||||
9 | money appropriated for the program for administration. | ||||||
10 | Section 20. Selection of qualifying jobs and qualifying | ||||||
11 | degrees. | ||||||
12 | (a) Subject to appropriation, for the 2023-2024 academic | ||||||
13 | year or for the first academic year for which the General | ||||||
14 | Assembly appropriates funds for the program, whichever occurs | ||||||
15 | first, the following eligible majors shall be considered for | ||||||
16 | the program: | ||||||
17 | (1) computer and information sciences; | ||||||
18 | (2) information technology; | ||||||
19 | (3) information science; | ||||||
20 | (4) computer science; | ||||||
21 | (5) computer systems networking and | ||||||
22 | telecommunications; | ||||||
23 | (6) computer and information systems | ||||||
24 | security/information assurance; | ||||||
25 | (7) management information systems; and |
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1 | (8) any other similarly designed college majors as | ||||||
2 | determined acceptable by the Commission. | ||||||
3 | (b) Subject to appropriation, starting with either the | ||||||
4 | 2024-2025 academic year or the academic year following the | ||||||
5 | first academic year for which the General Assembly | ||||||
6 | appropriates funds for the program, and every 2 academic years | ||||||
7 | thereafter, the Commission shall select 5 qualifying jobs that | ||||||
8 | have the highest demand for new employees and offer high wages | ||||||
9 | and select the qualifying degrees required for each of those | ||||||
10 | qualifying jobs. | ||||||
11 | (c) The Commission shall ensure that each qualifying job | ||||||
12 | selected ranks in the top 40% of jobs based on an employment | ||||||
13 | index that considers the job's growth rate and total openings, | ||||||
14 | ranks in the top 40% of jobs for wages, and requires an | ||||||
15 | associate degree or a bachelor's degree. The Commission shall | ||||||
16 | publish and make available to the public an annual report | ||||||
17 | covering the selection of the 5 qualifying jobs and their | ||||||
18 | qualifying degrees. | ||||||
19 | (d) For purposes of administering this Section, the | ||||||
20 | Commission may consult with the Illinois Community College | ||||||
21 | Board, the Board of Higher Education, the Department of | ||||||
22 | Commerce and Economic Opportunity, the Department of | ||||||
23 | Employment Security, or any other State agency deemed | ||||||
24 | necessary by the Commission. | ||||||
25 | Section 25. Repayment of an incentive loan. |
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1 | (a) For each year that a recipient works in a qualifying | ||||||
2 | job in this State following completion of a qualifying degree, | ||||||
3 | the qualifying public institution that awarded the incentive | ||||||
4 | loan shall waive repayment of the amount of one year of the | ||||||
5 | recipient's incentive loan. Except as provided in subsection | ||||||
6 | (b), a qualifying public institution may not require a | ||||||
7 | recipient to repay an incentive loan. | ||||||
8 | (b) Repayment of an incentive loan may be required as | ||||||
9 | follows: | ||||||
10 | (1) Except as provided in paragraph (2) of this | ||||||
11 | subsection (b), a qualifying public institution shall | ||||||
12 | require a recipient to repay to the qualifying public | ||||||
13 | institution: | ||||||
14 | (A) the full amount of an incentive loan if the | ||||||
15 | recipient fails to either graduate with a qualifying | ||||||
16 | degree within 6 years after initially receiving the | ||||||
17 | incentive loan or work in a qualifying job in this | ||||||
18 | State within one year after completing a qualifying | ||||||
19 | degree; or | ||||||
20 | (B) the outstanding amount of an incentive loan if | ||||||
21 | the recipient works in a qualifying job for fewer | ||||||
22 | years than the number of years required to waive | ||||||
23 | repayment of the full incentive loan. | ||||||
24 | (2) A qualifying public institution may waive or delay | ||||||
25 | a repayment described in paragraph (1) of this subsection | ||||||
26 | (b) in accordance with rules adopted by the Commission |
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1 | under Section 30 of this Act. | ||||||
2 | (d) A qualifying public institution may require | ||||||
3 | appropriate interest with the repayment of an incentive loan. | ||||||
4 | (e) A qualifying public institution shall use all | ||||||
5 | repayments received under this Section for the program. | ||||||
6 | Section 30. Rulemaking. The Commission has the power to | ||||||
7 | adopt rules necessary for the implementation of this Act, | ||||||
8 | including, but not limited to, rules: | ||||||
9 | (1) establishing an application process for an | ||||||
10 | individual to apply for an incentive loan; | ||||||
11 | (2) subject to Section 15 of this Act, establishing | ||||||
12 | qualifying criteria for an individual to receive an | ||||||
13 | incentive loan; | ||||||
14 | (3) establishing how State funding available for | ||||||
15 | incentive loans is distributed among qualifying public | ||||||
16 | institutions; | ||||||
17 | (4) establishing how to determine the amount of an | ||||||
18 | incentive loan; | ||||||
19 | (5) establishing the circumstances under which a | ||||||
20 | qualifying public institution may either cancel an | ||||||
21 | incentive loan or waive or delay repayment of an incentive | ||||||
22 | loan; and | ||||||
23 | (6) establishing a methodology for prioritizing | ||||||
24 | applications from applicants who demonstrate a financial | ||||||
25 | need or hardship and applications from applicants |
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1 | demonstrating academic excellence. | ||||||
2 | Section 35. Graduate and Retain Our Workforce (GROW) | ||||||
3 | Illinois Fund. The Graduate and Retain Our Workforce (GROW) | ||||||
4 | Illinois Fund is created as a special fund in the State | ||||||
5 | treasury. Money from institutional, organizational, or other | ||||||
6 | private entities shall be deposited into the Fund. All money | ||||||
7 | in the Fund shall be used, subject to appropriation, by the | ||||||
8 | Commission to implement and administer the program pursuant to | ||||||
9 | this Act.
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10 | Section 90. The State Finance Act is amended by adding | ||||||
11 | Section 5.990 as follows: | ||||||
12 | (30 ILCS 105/5.990 new) | ||||||
13 | Sec. 5.990. The Graduate and Retain Our Workforce (GROW) | ||||||
14 | Illinois Fund.
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