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90_HB3748 110 ILCS 205/9.26 new Amends the Board of Higher Education Act. Creates the textbook rental incentive grant program to be implemented and administered by the Board of Higher Education. Provides that from appropriations made to the Board for purposes of the program, the Board shall award grant incentives to public universities and community colleges that offer, as part of their undergraduate fee structure, a textbook rental program. Establishes eligibility criteria for grant applications. Requires the Board of Higher Education to annually submit to the Governor and General Assembly a budgetary recommendation for the grant program. Effective July 1, 1998. LRB9008926THpk LRB9008926THpk 1 AN ACT to amend the Board of Higher Education Act by 2 adding Section 9.26. 3 Be it enacted by the People of the State of Illinois, 4 represented in the General Assembly: 5 Section 5. The Board of Higher Education Act is amended 6 by adding Section 9.26 as follows: 7 (110 ILCS 205/9.26 new) 8 Sec. 9.26. Textbook rental incentive grant program. 9 (a) The textbook rental incentive grant program is 10 hereby created. The program shall be implemented and 11 administered by the Board of Higher Education to provide 12 grant incentives to public universities and community 13 colleges that offer, as part of their undergraduate student 14 fee structure, a textbook rental program. Grants shall be 15 awarded from appropriations made to the Board of Higher 16 Education for purposes of this Section. 17 (b) To be eligible for grant consideration, public 18 universities and community colleges must have adopted a 19 textbook rental program by action of their respective boards 20 of trustees and shall annually file a report with the Board 21 of Higher Education detailing their program. The report 22 shall include, at a minimum, the following information: the 23 number of undergraduate students participating, the amount of 24 the rental fee, the overall undergraduate student fee 25 schedule of the university or community college, and the 26 amount of revenue expected to be lost by the university or 27 community college due to the program. 28 (c) In awarding grants to public universities and 29 community colleges under this Section, the Board of Higher 30 Education shall consider each applicant's report data, the 31 number of institutions wishing to participate, and such other -2- LRB9008926THpk 1 criteria as the Board of Higher Education determines to be 2 appropriate. 3 (d) The Board of Higher Education shall annually submit 4 to the Governor and the General Assembly a budgetary 5 recommendation for grants under this Section and shall notify 6 applicants for grant assistance that the award of grants 7 under this Section is contingent upon the availability of 8 appropriated funds. 9 (e) The Board of Higher Education may adopt such rules 10 as it deems necessary for administration of the grant program 11 created by this Section. 12 Section 99. Effective date. This Act takes effect July 13 1, 1998.