103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024
Introduced 1/31/2023, by Rep. Janet Yang Rohr
SYNOPSIS AS INTRODUCED:
30 ILCS 105/5.990 new
Creates the Graduate and Retain Our Workforce Act. Establishes the
GROW Illinois Program, in which public institutions of higher education
award incentive loans to applicants. Provides that, subject to
appropriation, the Illinois Student Assistance Commission may, each year,
administer applications for assistance under the GROW Illinois Program.
Sets forth qualifications for recipients, degrees, and jobs. Provides for
loan repayment and rulemaking. Amends the State Finance Act to create the
Graduate and Retain Our Workforce (GROW) Illinois Fund as a special fund in
the State treasury.
A BILL FOR
|HB1378||LRB103 04756 RJT 49765 b|
AN ACT concerning education.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
This Act may be cited as the
Graduate and Retain Our Workforce Act.
In order to encourage academically
talented students who are residents of this State to enter the
workforce in this State upon graduating from degree programs
in high-demand fields of study, while also combating this
State's ever worsening problem of outbound migration of high
school students, this Act establishes the Graduate and Retain
Our Workforce (GROW) Illinois Program.
As used in this Act:
"Commission" means the Illinois Student Assistance
"Full-time" means the number of credit hours the
Commission determines is full-time enrollment for a student
for purposes of the program.
"Program" means the GROW Illinois Program created by this
"Qualifying degree" means an associate or a bachelor's
degree granted by a qualifying public institution that