Illinois General Assembly - Bill Status for SB3161
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 Bill Status of SB3161  99th General Assembly


Short Description:  EDUCATION-TECH

Senate Sponsors
Sen. Thomas Cullerton

Last Action
DateChamber Action
  1/10/2017SenateSession Sine Die

Statutes Amended In Order of Appearance
110 ILCS 26/1


Synopsis As Introduced
Amends the Credit Card Marketing Act of 2009. Makes a technical change in a Section concerning the short title.

Senate Committee Amendment No. 1
Deletes reference to:
110 ILCS 26/1
Adds reference to:
New Act

Replaces everything after the enacting clause. Creates the College Debit and Prepaid Card Services Regulation Act. Provides that if contracting with third-party financial firms to provide disbursement and management services of financial aid funds or management of financial accounts to students, the governing board or governing entity of a public or private post-secondary institution of education that enrolls one or more students who receive State or federal financial aid shall review and approve the contract after considering guidelines and policies established and recommended by the United States Consumer Financial Protection Bureau and the United States Department of Education. Sets forth what the contract may not permit. Requires the public or private post-secondary institution of education to make the contract available for public inspection and publish the contract on the Internet website operated by or for the public or private post-secondary institution of education. Provides that if a public university or public community college negotiates a contract with one or more third-party financial firms, the public university or public community college shall undertake reasonable efforts to establish collaboration agreements with other public universities or public community colleges to negotiate the services.

Actions 
DateChamber Action
  2/19/2016SenateFiled with Secretary by Sen. Thomas Cullerton
  2/19/2016SenateFirst Reading
  2/19/2016SenateReferred to Assignments
  3/16/2016SenateAssigned to Higher Education
  3/18/2016SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Thomas Cullerton
  3/18/2016SenateSenate Committee Amendment No. 1 Referred to Assignments
  3/30/2016SenateSenate Committee Amendment No. 1 Assignments Refers to Higher Education
  4/5/2016SenateSenate Committee Amendment No. 1 Adopted
  4/6/2016SenateDo Pass as Amended Higher Education; 010-000-000
  4/6/2016SenatePlaced on Calendar Order of 2nd Reading April 7, 2016
  5/13/2016SenateRule 2-10 Committee/3rd Reading Deadline Established As May 27, 2016
  5/27/2016SenateRule 2-10 Committee/3rd Reading Deadline Established As May 31, 2016
  7/31/2016SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
  1/10/2017SenateSession Sine Die

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