Illinois General Assembly - Bill Status for SB2183
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 Bill Status of SB2183  94th General Assembly


Senate Sponsors
Sen. Martin A. Sandoval

Last Action
DateChamber Action
  1/9/2007SenateSession Sine Die

Statutes Amended In Order of Appearance
30 ILCS 105/5.663 new
110 ILCS 947/65.75 new

Synopsis As Introduced
Amends the Higher Education Student Assistance Act and the State Finance Act. Requires the Illinois Student Assistance Commission to implement and administer a higher education revolving loan program to provide nominal interest loans for the costs of attending a public or private institution of higher education in this State. Provides that the loans must be made to high performance students and may not exceed $10,000 per person per academic year. Contains provisions concerning repayment. Creates the Higher Education Revolving Loan Fund as a special fund in the State treasury. Effective July 1, 2006.

DateChamber Action
  1/11/2006SenateFiled with Secretary by Sen. Martin A. Sandoval
  1/11/2006SenateFirst Reading
  1/11/2006SenateReferred to Rules
  1/9/2007SenateSession Sine Die

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