HB0724 Engrossed LRB095 04026 NHT 24063 b

1     AN ACT concerning education.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Private Business and Vocational Schools Act
5 is amended by changing Section 1.1 as follows:
 
6     (105 ILCS 425/1.1)   (from Ch. 144, par. 136.1)
7     Sec. 1.1. Exemptions and annual filing.
8     (a) For purposes of this Act, the following shall not be
9 considered to be a private business and vocational school:
10         (1) Any eleemosynary institution.
11         (2) Any religious institution.
12         (3) Any public educational institution exempt from
13     property taxation under the laws of this State.
14         (4) Any in-service course of instruction and subject
15     offered by an employer provided no tuition is charged and
16     such instruction is offered only to employees of such
17     employer.
18         (5) Any educational institution (A) which (i) on the
19     effective date of this amendatory Act of 1984 or which on
20     January 2, 2001 enrolls a majority of its students in
21     degree programs and has maintained an accredited status
22     with the Commission on Institutions of Higher Education of
23     the North Central Association of Colleges and Schools or

 

 

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1     (ii) on or after the effective date of this amendatory Act
2     of the 93rd General Assembly enrolls students in one or
3     more bachelor-level programs, enrolls a majority of its
4     students in degree programs, and is accredited by a
5     national accrediting agency that is recognized by the U.S.
6     Department of Education and (B) which is regulated by the
7     Illinois Board of Higher Education under the Private
8     College Act or the Academic Degree Act, or which is exempt
9     from such regulation under either of the foregoing Acts
10     solely for the reason that such educational institution was
11     in operation on the effective date of either such Act.
12         (6) Any institution and the franchisees of such
13     institution which offer exclusively a course of
14     instruction in income tax theory or return preparation at a
15     total contract price of no more than $400, provided that
16     the total annual enrollment of such institution for all
17     such courses of instruction exceeds 500 students, and
18     further provided that the total contract price for all
19     instruction offered to a student in any one calendar year
20     does not exceed $400. For each calendar year after 1990,
21     the total contract price shall be adjusted, rounded off to
22     the nearest dollar, by the same percentage as the increase
23     or decrease in the general price level as measured by the
24     consumer price index for all urban consumers for the United
25     States, or its successor index, as defined and officially
26     reported by the United States Department of Labor, or its

 

 

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1     successor agency. The change in the index shall be that as
2     first published by the Department of Labor for the calendar
3     year immediately preceding the year in which the total
4     contract price is calculated.
5     (b) An institution exempted under subsection (a) of this
6 Section must file with the Superintendent an annual financial
7 report to demonstrate continued compliance by the institution
8 with the requirements on which the exemption is based.
9 (Source: P.A. 92-62, eff. 1-1-02; 93-919, eff. 8-12-04.)
 
10     Section 99. Effective date. This Act takes effect upon
11 becoming law.