ERWIN. New Act 30 ILCS 105/5.405 new Creates the Education for the Future Today Act. Provides for a program of contracts administered by the State Treasurer for the purchase of future college tuition payments for persons born on or after December 1, 1982. Limits the State's full faith and credit obligation to $5,000,000. Amends the State Finance Act to create the necessary special fund within the State treasury. FISCAL NOTE (Treasurer's Office) HB396 would cost an estimated $1 million annually. STATE MANDATES FISCAL NOTE In the opinion of DCCA, HB396 fails to create a State mandate. 97-01-30 H FIRST READING 97-01-30 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-02-05 H ASSIGNED TO COMMITTEE HIGHER ED 97-02-19 H FISCAL NOTE FILED 97-02-19 H COMMITTEE HIGHER ED 97-03-21 H STATE MANDATES FISCAL NOTE FILED 97-03-21 H COMMITTEE HIGHER ED 97-03-21 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary