State of Illinois
90th General Assembly
Legislation

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90_HB1134

          Appropriates $50,000 to the State Board of  Education  to
      develop   model  legislation  for  a  state-operated  prepaid
      tuition program.  Effective July 1, 1997.
                                                     LRB9004974THpk
                                               LRB9004974THpk
 1        AN ACT making an appropriation  to  the  State  Board  of
 2    Education.
 3        Be  it  enacted  by  the People of the State of Illinois,
 4    represented in the General Assembly:
 5        Section 5.  The sum of $50,000, or so much thereof as may
 6    be necessary, is appropriated from the General  Revenue  Fund
 7    to the Board of Higher Education to develop model legislation
 8    to  create  a  state-operated,  pre-paid tuition program that
 9    guarantees payment of tuition for  beneficiaries  in  amounts
10    projected  in contracts with purchasers and that protects the
11    State from  liability  for  any  deficits  sustained  by  the
12    program.
13        Section  99.  Effective date.  This Act takes effect July
14    1, 1997.

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