Public Act 095-0126
 		





HB0724 Enrolled
LRB095 04026 NHT 24063 b






    AN ACT concerning education.

 
    Be it enacted by the People of the State of Illinois,
 
represented in the General Assembly:


 
    Section 5. The Private Business and Vocational Schools Act 
is amended  by changing Section 1.1 as follows:
 



    (105 ILCS 425/1.1)
  (from Ch. 144, par. 136.1)



    Sec. 1.1. Exemptions and annual filing. 

    (a) For purposes of this Act, the following shall
not be 
considered to be a private business and vocational school:


        (1) Any eleemosynary institution.


        (2) Any religious institution.


        (3) Any public educational institution exempt from 
    property taxation
under the laws of this State.


        (4) Any in-service course of instruction and subject 
    offered by an
employer provided no tuition is charged and 
    such instruction is offered
only to employees of such 
    employer.


        (5) Any educational institution (A) which (i) on the 
    effective
date of this amendatory Act of 1984 or which on 
    January 2, 2001 enrolls a
majority of its students in 
    degree programs and has maintained an
accredited status 
    with the Commission on Institutions of Higher Education of

    the North Central Association of Colleges and Schools or 
    (ii) on or after the
effective date of this amendatory Act 
    of the 93rd General Assembly enrolls
students in one or 
    more bachelor-level programs,
enrolls a majority of its 
    students in degree
programs,
and is accredited by a

    national accrediting agency that is recognized by the U.S. 
    Department of
Education and (B) which is regulated by the 
    Illinois Board of Higher
Education under
the Private 
    College Act or the Academic Degree Act, or which is exempt 
    from
such regulation under either of the foregoing Acts 
    solely for the reason that
such educational institution was 
    in operation on the effective date of either
such Act.


        (6) Any institution and the franchisees of such 
    institution which offer
exclusively a course of 
    instruction in income tax theory or return preparation
at a 
    total contract price of no more than $400, provided that 
    the total annual
enrollment of such institution for all 
    such courses of instruction exceeds 500
students, and 
    further provided that the total contract price for all

    instruction offered to a student in any one calendar year 
    does not exceed $400.
 For each calendar year after 1990, 
    the total contract price shall be adjusted,
rounded off to 
    the nearest dollar, by the same percentage as the increase 
    or
decrease in the general price level as measured by the 
    consumer price index for
all urban consumers for the United 
    States, or its successor index, as defined
and officially 
    reported by the United States Department of Labor, or its

    successor agency.  The change in the index shall be that as 
    first published by
the Department of Labor for the calendar 
    year immediately preceding the year in
which the total 
    contract price is calculated.

    (b) An institution exempted under subsection (a) of this 
Section must file
with the Superintendent an annual financial 
report to demonstrate continued
compliance by the institution 
with the requirements on which the exemption is
based.

(Source: P.A. 92-62, eff. 1-1-02; 93-919, eff. 8-12-04.)

 

    Section 99. Effective date. This Act takes effect upon 
becoming law.






Effective Date:  8/13/2007