96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB2089

 

Introduced 2/18/2009, by Rep. Michael J. Madigan - Barbara Flynn Currie - Marlow H. Colvin

 

SYNOPSIS AS INTRODUCED:
 
815 ILCS 155/1   from Ch. 17, par. 6301

    Amends the Student Loans to Minors Act. Makes a technical change in a Section concerning student loans.


LRB096 05635 KTG 15701 b

 

 

A BILL FOR

 

HB2089 LRB096 05635 KTG 15701 b

1     AN ACT concerning business.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Student Loans to Minors Act is amended by
5 changing Section 1 as follows:
 
6     (815 ILCS 155/1)  (from Ch. 17, par. 6301)
7     Sec. 1. Any student who has been accepted for admission to
8 an institution in the the State of Illinois approved by the
9 State Superintendent of Public Instruction as an institution of
10 higher education on either the undergraduate or graduate level
11 shall be permitted to execute a legally binding promissory note
12 for a loan necessary to attend or to continue in attendance at
13 an institution of higher education, subject to approval by the
14 institution of higher education attended.
15 (Source: Laws 1959, p. 2056.)