HB 573

  • Illinois House Bill
  • 102nd Regular Session
  • Introduced in House Apr 19, 2021
  • Passed House Apr 15, 2021
  • Passed Senate May 27, 2021
  • Governor

Higher Ed Savings Program

Abstract

Amends the State Treasurer Act. Establishes the Illinois Higher Education Savings Program as a part of the College Savings Pool (currently, not a part of the College Savings Pool), subject to appropriation by the General Assembly. Requires the Department of Public Health and the Department of Revenue to provide the State Treasurer with specified information concerning eligible children under the Program. Modifies provisions concerning seed funds, unclaimed seed funds, and incentives and partnerships. Establishes the Illinois Higher Education Savings Program Fund as a special fund in the State treasury (currently, held outside of the State treasury). Amends the Illinois Income Tax Act. Provides that the Director of Revenue may exchange information with the State Treasurer's Office for the purpose of administering the Illinois Higher Education Savings Program. Amends the State Finance Act to provide for the Illinois Higher Education Savings Program Fund. Modifies defined terms. Makes conforming and other changes. Effective immediately.

Bill Sponsors (10)

Votes


Actions


Jun 04, 2021

Senate

Added as Alternate Co-Sponsor Sen. Cristina H. Pacione-Zayas

May 27, 2021

House

Passed Both Houses

Senate

Third Reading - Passed; 056-000-000

May 06, 2021

Senate

Second Reading

Senate

Placed on Calendar Order of 3rd Reading May 10, 2021

May 05, 2021

Senate

Placed on Calendar Order of 2nd Reading May 6, 2021

Senate

Added as Alternate Co-Sponsor Sen. Celina Villanueva

Senate

Do Pass Higher Education; 013-000-000

Apr 28, 2021

Senate

Assigned to Higher Education

Apr 19, 2021

Senate

Arrive in Senate

Senate

Referred to Assignments

Senate

First Reading

Senate

Chief Senate Sponsor Sen. Scott M. Bennett

Senate

Placed on Calendar Order of First Reading

Apr 15, 2021

House

Added Chief Co-Sponsor Rep. Camille Y. Lilly

House

Third Reading - Short Debate - Passed 068-045-000

Apr 14, 2021

House

Placed on Calendar Order of 3rd Reading - Short Debate

House

Second Reading - Short Debate

Mar 23, 2021

House

Added Co-Sponsor Rep. Elizabeth Hernandez

Mar 18, 2021

House

Placed on Calendar 2nd Reading - Short Debate

Mar 11, 2021

House

Added Co-Sponsor Rep. Sue Scherer

House

Do Pass / Short Debate Higher Education Committee; 006-004-000

House

Added Co-Sponsor Rep. Anna Moeller

Mar 08, 2021

House

Added Chief Co-Sponsor Rep. Katie Stuart

Mar 02, 2021

House

Assigned to Higher Education Committee

Feb 24, 2021

House

Added Co-Sponsor Rep. Deb Conroy

Feb 08, 2021

House

First Reading

House

Referred to Rules Committee

Feb 03, 2021

House

Filed with the Clerk by Rep. Robyn Gabel

Bill Text

Bill Text Versions Format
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Engrossed HTML
Enrolled HTML

Related Documents

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Sources

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