House Sponsors: BURKE. Short description: PREPD TUITION-BENE-ADVIS PANEL Synopsis of Bill as introduced: Amends the Illinois Prepaid Tuition Act and the Public Funds Investment Act. Provides that the Public Funds Investment Act does not apply to the Illinois Prepaid Tuition Trust Fund. Provides that a person who is less than one year of age must have a parent or legal guardian who has been an Illinois resident for at least 12 months before the date of the contract (instead of a relative who is an Illinois resident) in order to be a qualified beneficiary. Changes the name of the advisory panel to the investment advisory panel. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status