92nd General Assembly
Summary of HB2223
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House Sponsors:
HOWARD.

Short description: 
DIGITAL GOVT LOAN FORGIVENESS                                              

Synopsis of Bill as introduced:
        Amends the Higher Education Student Assistance Act.  Creates  the      
   Digital  Government  Loan  Forgiveness  Program, to be implemented and      
   administered by the Illinois Student Assistance Commission.  Under the      
   Program, provides that 15% of the total  amount  of  higher  education      
   student  loans  of  a  person shall be forgiven upon completion of one      
   year  of  full-time  employment  with  the  State  in  an  information      
   technology field,  with  the  percentage  of  loan  forgiveness  being      
   increased  by  5%  a  year for each year thereafter of full-time State      
   employment in an information technology field (but  not  to  exceed  a      
   total of 30%). Effective July 1, 2001.                                      
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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