Public Act 103-0338
 
HB3233 EnrolledLRB103 29414 BMS 55805 b

    AN ACT concerning regulation.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Higher Education Student Assistance Act is
amended by changing Section 67 as follows:
 
    (110 ILCS 947/67)
    Sec. 67. Illinois DREAM Fund Commission.
    (a) The Illinois Student Assistance Commission shall
establish an Illinois DREAM Fund Commission. The Governor
shall appoint, with the advice and consent of the Senate,
members to the Illinois DREAM Fund Commission, which shall be
comprised of 9 members representing the geographic and ethnic
diversity of this State, including students, college and
university administrators and faculty, and other individuals
committed to advancing the educational opportunities of the
children of immigrants.
    (b) The Illinois DREAM Fund Commission is charged with all
of the following responsibilities:
        (1) Administering this Section and raising funds for
    the Illinois DREAM Fund.
        (2) Establishing a not-for-profit entity charged with
    raising funds for the administration of this Section, any
    educational or training programs the Commission is tasked
    with administering, and funding scholarships to students
    who are the children of immigrants to the United States.
        (3) Publicizing the availability of scholarships from
    the Illinois DREAM Fund.
        (4) Selecting the recipients of scholarships funded
    through the Illinois DREAM Fund.
        (5) Researching issues pertaining to the availability
    of assistance with the costs of higher education for the
    children of immigrants and other issues regarding access
    for and the performance of the children of immigrants
    within higher education.
        (6) Overseeing implementation of the other provisions
    of this amendatory Act of the 97th General Assembly.
        (7) Establishing and administering training programs
    for high school counselors and counselors, admissions
    officers, and financial aid officers of public
    institutions of higher education. The training programs
    shall instruct participants on the educational
    opportunities available to college-bound students who are
    the children of immigrants, including, but not limited to,
    in-state tuition and scholarship programs. The Illinois
    DREAM Fund Commission may also establish a public
    awareness campaign regarding educational opportunities
    available to college bound students who are the children
    of immigrants.
    The Illinois DREAM Fund Commission shall establish, by
rule, procedures for accepting and evaluating applications for
scholarships from the children of immigrants and issuing
scholarships to selected student applicants.
    (c) To receive a scholarship under this Section, a student
must meet all of the following qualifications:
        (1) Have resided with his or her parents or guardian
    while attending a public or private high school in this
    State.
        (2) Have graduated from a public or private high
    school or received the equivalent of a high school diploma
    in this State.
        (3) Have attended school in this State for at least 3
    years as of the date he or she graduated from high school
    or received the equivalent of a high school diploma.
        (4) Have at least one parent who immigrated to the
    United States.
    (d) The Illinois Student Assistance Commission shall
establish an Illinois DREAM Fund to provide scholarships under
this Section. The Illinois DREAM Fund shall be funded entirely
from private contributions.
    (e) The Illinois DREAM Fund Commission shall develop a
comprehensive program, including creation of informational
materials and a marketing plan, to educate people in the State
of Illinois about the purpose and benefits of contributions
made to the Illinois DREAM Fund. The Illinois DREAM Fund
Commission shall develop specific marketing materials for the
voluntary use by persons licensed pursuant to the Transmitters
of Money Act.
(Source: P.A. 97-233, eff. 8-1-11.)
 
    Section 10. The Transmitters of Money Act is amended by
adding Section 94 as follows:
 
    (205 ILCS 657/94 new)
    Sec. 94. Donations; Illinois DREAM Fund.
    (a) Licensees may offer every customer who transmits money
internationally the option to make a voluntary donation to the
Illinois DREAM Fund. Licensees may present customers with the
option to make a donation to the Illinois DREAM Fund before the
customer completes the transaction. The amount of the donation
shall be no less than $1 per transaction. The Department may
adopt rules to administer, implement, and interpret the
provisions of this Section, including, but not limited to, the
amount of the donation options to be presented to customers,
the manner and timing of receiving donations and remitting the
donations to the Illinois DREAM Fund, and the methods by which
the licensee may offer the option to donate to customers.
Licensees shall not use, deduct, or retain any amounts from
donations to the Illinois DREAM Fund, except any actual cost
imposed by third-party payment processors to receive or remit
the funds.
    (b) The Department shall provide to licensees under this
Act electronic copies of all marketing materials created by
the Illinois DREAM Fund Commission for licensees pursuant to
subsection (e) of Section 67 of the Higher Education Student
Assistance Act.
 
    Section 99. Effective date. This Act takes effect upon
becoming law.

Effective Date: 7/28/2023