$SB1405 94TH GENERAL ASSEMBLY

AN ACT concerning appropriations.

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

ARTICLE 1

Section 5. The following named amounts, or so much thereof as may be necessary, respectively, are appropriated to the Illinois Student Assistance Commission from the Student Loan Operating Fund for its ordinary and contingent expenses:

For Administration

For Personal Services........................... 17,617,700

For State Contributions to State

Employees Retirement System.................. 2,784,300

For State Contributions to

Social Security.............................. 1,348,000

For State Contributions for

Employees Group Insurance.................... 4,933,000

For Contractual Services........................ 12,666,900

For Travel......................................... 216,400

For Commodities.................................... 272,800

For Printing....................................... 727,000

For Equipment...................................... 539,000

For Telecommunications........................... 1,907,000

For Operation of Auto Equipment..................... 37,900

Total $43,050,000

Section 10. The sum of $338,699,800, or so much thereof as may be necessary, is appropriated to the Illinois Student Assistance Commission from the General Revenue Fund for payment of grant awards to students eligible to receive such awards, as provided by law.

Section 15. The following named amounts, or so much thereof as may be necessary, respectively, are appropriated from the General Revenue Fund to the Illinois Student Assistance Commission for the following purposes:

Grants and Scholarships

For payment of matching grants to Illinois

institutions to supplement scholarship

programs, as provided by law................... 950,000

For payment of Merit Recognition Scholarships

to undergraduate students under the Merit

Recognition Scholarship Program provided

for in Section 31 of the Higher Education

Student Assistance Act....................... 5,400,000

For the payment of scholarships to students

who are children of policemen or firemen

killed in the line of duty, or who are

dependents of correctional officers killed

or permanently disabled in the line of

duty, as provided by law....................... 350,000

For payment of Illinois National Guard and

Naval Militia Scholarships at

State-controlled universities and public

community colleges in Illinois to students

eligible to receive such awards, as

provided by law.............................. 4,480,000

For payment of military Veterans' scholarships

at State-controlled universities and at

public community colleges for students

eligible, as provided by law................ 19,250,000

For payment of Minority Teacher Scholarships..... 3,100,000

For payment of Illinois Scholars Scholarships.... 3,020,000

For payment of Illinois Incentive for Access

grants, as provided by law................... 7,200,000

Total $43,750,000

Section 20. The following named amount, or so much thereof as may be necessary, is appropriated from the Illinois National Guard Grant Fund to the Illinois Student Assistance Commission for the following purpose:

Grants and Scholarships

For payment of Illinois National Guard

Naval Militia Scholarships

at State-controlled universities

and public community colleges in

Illinois to students eligible to

receive such awards, as provided by law......... 20,000

Section 25. The sum of $500,000, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Illinois Student Assistance Commission for the Loan Repayment for Teachers Program.

Section 30. The following named amount, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Illinois Student Assistance Commission for the following purpose:

Grants and Scholarships

For payment of Illinois Future Teacher

Corps Scholarships, as provided by law......... 4,100,000

Section 35. The following named amount, or so much thereof as may be necessary, is appropriated from the Contracts and Grants Fund to the Illinois Student Assistance Commission for the following purpose:

To support outreach, research, and

training activities............................... 70,000

Section 40. The following named amount, or so much thereof as may be necessary, is appropriated from the Optometric Licensing and Disciplinary Board Fund to the Illinois Student Assistance Commission for the following purpose:

Grants and Scholarships

For payment of scholarships for the

Optometric Education Scholarship

Program, as provided by law....................... 50,000

Section 45. The sum of $190,000,000, or so much thereof as may be necessary, is appropriated from the Federal Student Loan Fund to the Illinois Student Assistance Commission for distribution when necessary as a result of the following: for guarantees of loans that are uncollectible, for collection payments to the Student Loan Operating Fund as required under agreements with the United States Secretary of Education, for payment to the Student Loan Operating Fund for Default Aversion Fees, and for other distributions as necessary and provided for under the Federal Higher Education Act.

Section 50. The sum of $21,334,400, or so much thereof as may be necessary, is appropriated to the Illinois Student Assistance Commission from the Student Loan Operating Fund for distribution as necessary for the following: for payment of collection agency fees associated with collection activities for Federal Family Education Loans, for Default Aversion Fee reversals, and for distributions as necessary and provided for under the Federal Higher Education Act.

Section 55. The sum of $5,000,000, or so much thereof as may be necessary, is appropriated to the Illinois Student Assistance Commission from the Student Loan Operating Fund for costs associated with Federal Loan System Development and Maintenance.

Section 60. The sum of $300,000, or so much of that amount as may be necessary, is appropriated from the Accounts Receivable Fund to the Illinois Student Assistance Commission for costs associated with the collection of delinquent scholarship awards pursuant to the Illinois State Collection Act of 1986.

Section 65. The following named amount, or so much thereof as may be necessary, is appropriated from the Federal Student Assistance Scholarship Fund to the Illinois Student Assistance Commission for the following purpose:

For payment of Robert C. Byrd

Honors Scholarships........................... 1,800,000

Section 70. The sum of $70,000, or so much thereof as may be necessary, is appropriated to the Illinois Student Assistance Commission from the University Grant Fund for payment of grants for the Higher Education License Plate Program, as provided by law.

Section 75. The following named amount, or so much thereof as may be necessary, is appropriated from the Federal Student Assistance Scholarship Fund to the Illinois Student Assistance Commission for the following purpose:

For transferring repayment funds collected

under the Paul Douglas Teacher Scholarship

Program to the U.S. Treasury.................... 400,000

Section 80. The following named amount, or so much thereof as may be necessary, is appropriated from the Illinois Future Teacher Corps Scholarship Fund to the Illinois Student Assistance Commission for the following purpose:

For payment of scholarships for the

Illinois Future Teacher Corps

Scholarship Program as provided by law.......... 60,000

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