Illinois General Assembly - Bill Status for HB5292

Synopsis As Introduced
Creates the Scholarship Displacement Act. Provides that the Act applies beginning with the 2024-2025 academic year. Provides that a public institution of higher education may reduce a student's institutional financial aid as a result of the awarding of private scholarships to the student only if the student's total financial aid from all sources exceeds the student's financial need until the student's total financial aid no longer exceeds the student's financial need or only if the student is a student-athlete and the institution is complying with the individual or team financial aid restrictions of any athletic association, conference, or other group or organization with authority over intercollegiate athletics. Effective immediately.

Actions

Date	Chamber	Action
2/8/2024	House	Filed with the Clerk by Rep. Nabeela Syed
2/9/2024	House	First Reading
2/9/2024	House	Referred to Rules Committee
2/28/2024	House	Assigned to Higher Education Committee
3/4/2024	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Nabeela Syed
3/4/2024	House	House Committee Amendment No. 1 Referred to Rules Committee
3/12/2024	House	House Committee Amendment No. 1 Rules Refers to Higher Education Committee
4/5/2024	House	Rule 19(a) / Re-referred to Rules Committee
4/5/2024	House	House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee

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