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1 | AN ACT concerning regulation.
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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 5. The Higher Education Student Assistance Act is | ||||||
5 | amended by changing Section 67 as follows: | ||||||
6 | (110 ILCS 947/67) | ||||||
7 | Sec. 67. Illinois DREAM Fund Commission. | ||||||
8 | (a) The Illinois Student Assistance Commission shall | ||||||
9 | establish an Illinois DREAM Fund Commission. The Governor | ||||||
10 | shall appoint, with the advice and consent of the Senate, | ||||||
11 | members to the Illinois DREAM Fund Commission, which shall be | ||||||
12 | comprised of 9 members representing the geographic and ethnic | ||||||
13 | diversity of this State, including students, college and | ||||||
14 | university administrators and faculty, and other individuals | ||||||
15 | committed to advancing the educational opportunities of the | ||||||
16 | children of immigrants. | ||||||
17 | (b) The Illinois DREAM Fund Commission is charged with all | ||||||
18 | of the following responsibilities: | ||||||
19 | (1) Administering this Section and raising funds for | ||||||
20 | the Illinois DREAM Fund. | ||||||
21 | (2) Establishing a not-for-profit entity charged with | ||||||
22 | raising funds for the administration of this Section, any | ||||||
23 | educational or training programs the Commission is tasked |
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1 | with administering, and funding scholarships to students | ||||||
2 | who are the children of immigrants to the United States. | ||||||
3 | (3) Publicizing the availability of scholarships from | ||||||
4 | the Illinois DREAM Fund. | ||||||
5 | (4) Selecting the recipients of scholarships funded | ||||||
6 | through the Illinois DREAM Fund. | ||||||
7 | (5) Researching issues pertaining to the availability | ||||||
8 | of assistance with the costs of higher education for the | ||||||
9 | children of immigrants and other issues regarding access | ||||||
10 | for and the performance of the children of immigrants | ||||||
11 | within higher education. | ||||||
12 | (6) Overseeing implementation of the other provisions | ||||||
13 | of this amendatory Act of the 97th General Assembly. | ||||||
14 | (7) Establishing and administering training programs | ||||||
15 | for high school counselors and counselors, admissions | ||||||
16 | officers, and financial aid officers of public | ||||||
17 | institutions of higher education. The training programs | ||||||
18 | shall instruct participants on the educational | ||||||
19 | opportunities available to college-bound students who are | ||||||
20 | the children of immigrants, including, but not limited to, | ||||||
21 | in-state tuition and scholarship programs. The Illinois | ||||||
22 | DREAM Fund Commission may also establish a public | ||||||
23 | awareness campaign regarding educational opportunities | ||||||
24 | available to college bound students who are the children | ||||||
25 | of immigrants. | ||||||
26 | The Illinois DREAM Fund Commission shall establish, by |
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1 | rule, procedures for accepting and evaluating applications for | ||||||
2 | scholarships from the children of immigrants and issuing | ||||||
3 | scholarships to selected student applicants. | ||||||
4 | (c) To receive a scholarship under this Section, a student | ||||||
5 | must meet all of the following qualifications: | ||||||
6 | (1) Have resided with his or her parents or guardian | ||||||
7 | while attending a public or private high school in this | ||||||
8 | State. | ||||||
9 | (2) Have graduated from a public or private high | ||||||
10 | school or received the equivalent of a high school diploma | ||||||
11 | in this State. | ||||||
12 | (3) Have attended school in this State for at least 3 | ||||||
13 | years as of the date he or she graduated from high school | ||||||
14 | or received the equivalent of a high school diploma. | ||||||
15 | (4) Have at least one parent who immigrated to the | ||||||
16 | United States. | ||||||
17 | (d) The Illinois Student Assistance Commission shall | ||||||
18 | establish an Illinois DREAM Fund to provide scholarships under | ||||||
19 | this Section. The Illinois DREAM Fund shall be funded entirely | ||||||
20 | from private contributions. | ||||||
21 | (e) The Illinois DREAM Fund Commission shall develop a | ||||||
22 | comprehensive program, including creation of informational | ||||||
23 | materials and a marketing plan, to educate people in the State | ||||||
24 | of Illinois about the purpose and benefits of contributions | ||||||
25 | made to the Illinois DREAM Fund. The Illinois DREAM Fund | ||||||
26 | Commission shall develop specific marketing materials for the |
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1 | voluntary use by persons licensed pursuant to the Transmitters | ||||||
2 | of Money Act.
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3 | (Source: P.A. 97-233, eff. 8-1-11.) | ||||||
4 | Section 10. The Transmitters of Money Act is amended by | ||||||
5 | adding Section 94 as follows: | ||||||
6 | (205 ILCS 657/94 new) | ||||||
7 | Sec. 94. Donations; Illinois DREAM Fund. | ||||||
8 | (a) Licensees may offer every customer who transmits money | ||||||
9 | internationally the option to make a voluntary donation to the | ||||||
10 | Illinois DREAM Fund. Licensees may present customers with the | ||||||
11 | option to make a donation to the Illinois DREAM Fund before the | ||||||
12 | customer completes the transaction. The amount of the donation | ||||||
13 | shall be no less than $1 per transaction. The Department may | ||||||
14 | adopt rules to administer, implement, and interpret the | ||||||
15 | provisions of this Section, including, but not limited to, the | ||||||
16 | amount of the donation options to be presented to customers, | ||||||
17 | the manner and timing of receiving donations and remitting the | ||||||
18 | donations to the Illinois DREAM Fund, and the methods by which | ||||||
19 | the licensee may offer the option to donate to customers. | ||||||
20 | Licensees shall not use, deduct, or retain any amounts from | ||||||
21 | donations to the Illinois DREAM Fund, except any actual cost | ||||||
22 | imposed by third-party payment processors to receive or remit | ||||||
23 | the funds. | ||||||
24 | (b) The Department shall provide to licensees under this |
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1 | Act electronic copies of all marketing materials created by | ||||||
2 | the Illinois DREAM Fund Commission for licensees pursuant to | ||||||
3 | subsection (e) of Section 67 of the Higher Education Student | ||||||
4 | Assistance Act.
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5 | Section 99. Effective date. This Act takes effect upon | ||||||
6 | becoming law. |