HB4361 Engrossed

LRB093 18886 NHT 44621 b






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    AN ACT concerning higher education.

 
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    Be it enacted by the People of the State of Illinois,
 
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represented in the General Assembly:


 
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    Section 1. Short title. This Act may be cited as the Fire 
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Sprinkler Dormitory Act.
 
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    Section 5. Definition. "Post-secondary educational 
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institution" means an Illinois public or private college or 
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university offering degrees and instruction above the high 
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school level. This term does not include any public  or private 
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college or university that does not provide on-campus housing 
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for its students in dormitories or equivalent facilities that 
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are owned, operated, or maintained by the public or private 
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college or university. This term does not include (i) any 
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public or private junior or community college or (ii) any 
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institution offering degrees and instruction that uses 
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correspondence as its primary mode of student instruction.
 
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    Section 10. Fire sprinkler systems required. Subject to the 
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establishment of a fire sprinkler dormitory revolving loan 
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program under Section 15 of this Act, fire sprinkler systems 
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are required in the dormitories of all post-secondary 
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educational institutions by 2013. This includes current 
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structures as well as newly constructed dormitories.
 
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    Section 15. Fire Sprinkler Dormitory Revolving Loan 
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Program. The Illinois Finance Authority and the Office of the 
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State Fire Marshal shall jointly administer a fire sprinkler 
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dormitory revolving loan program. The program shall provide 
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low-interest loans for the installation of fire sprinkler 
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systems in college dormitories by post-secondary educational 
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institutions. The loan funds, subject to appropriation, shall 
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be paid out of the Fire Sprinkler Dormitory Revolving Loan 
 


 






HB4361 Engrossed
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LRB093 18886 NHT 44621 b




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Fund, a special fund in the State treasury. The Fund shall 
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consist of any moneys transferred into or appropriated to the 
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Fund as well as all repayments of loans made under this 
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Section. The Fund shall be used for loans to post-secondary 
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educational institutions for costs associated with the 
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installation of fire sprinkler systems in dormitories and for 
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no other purpose. All interest earned on moneys in the Fund 
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shall be deposited into the Fund.

 
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    Section 25. Rules. The Illinois Finance Authority and the 
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Office of the State Fire Marshal shall adopt rules to 
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administer the revolving loan program.




 
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    Section 30. The State Finance Act is amended by adding 
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Section
5.625 as follows:


 
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    (30 ILCS 105/5.625 new)


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    Sec. 5.625. The Fire Sprinkler Dormitory Revolving Loan 
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Fund.

 

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    Section 99. Effective date. This Act takes effect January 
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1, 2005.