State of Illinois
91st General Assembly
Legislation

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91_HB1752

 
                                               LRB9104738NTsb

 1        AN ACT to amend  the  Illinois  Prepaid  Tuition  Act  by
 2    changing Section 10.

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

 5        Section 5.  The Illinois Prepaid Tuition Act  is  amended
 6    by changing Section 10 as follows:

 7        (110 ILCS 979/10)
 8        Sec. 10.  Definitions.  In this Act:
 9        "Illinois  public  university"  means  the  University of
10    Illinois,   Illinois   State   University,   Chicago    State
11    University,  Governors  State  University,  Southern Illinois
12    University, Northern Illinois  University,  Eastern  Illinois
13    University,  Western  Illinois  University,  or  Northeastern
14    Illinois University.
15        "Illinois  community  college"  means  a public community
16    college as defined in Section 1-2  of  the  Public  Community
17    College Act.
18        "MAP-eligible  institution" means a public institution of
19    higher  education  or  a  nonpublic  institution  of   higher
20    education  whose  students are eligible to receive need-based
21    student financial assistance  through  State  Monetary  Award
22    Program  (MAP)  grants  administered  by the Illinois Student
23    Assistance Commission  under  the  Higher  Education  Student
24    Assistance  Act  and  whose  students  also  are  eligible to
25    receive benefits under Section 529(a) of the Internal Revenue
26    Code of 1986, as specified by the federal Small Business  Act
27    of 1996 and subsequent amendments to this federal law.
28        "Illinois prepaid tuition contract" or "contract" means a
29    contract entered into between the State and a Purchaser under
30    Section 45 to provide for the higher education of a qualified
31    beneficiary.

 
                            -2-                LRB9104738NTsb
 1        "Illinois prepaid tuition program" or "program" means the
 2    program created in Section 15.
 3        "Purchaser" means a person who makes or has contracted to
 4    make payments under an Illinois prepaid tuition contract.
 5        "Public   institution   of  higher  education"  means  an
 6    Illinois public university or Illinois community college.
 7        "Nonpublic institution of  higher  education"  means  any
 8    MAP-eligible  educational  organization,  other than a public
 9    institution of higher education, that provides a  minimum  of
10    an  organized  2-year  program at the postsecondary level and
11    that operates  in  conformity  with  standards  substantially
12    equivalent   to   those  of  public  institutions  of  higher
13    education.  "Nonpublic institution of higher education"  does
14    not include any educational organization used principally for
15    sectarian  instruction,  as  a place of religious teaching or
16    worship, or for any religious denomination for  the  training
17    of  ministers,  rabbis,  or other professional persons in the
18    field of religion.
19        "Qualified beneficiary" means (i) anyone who has  been  a
20    resident  of  this  State for at least 12 months prior to the
21    date of the contract, or (ii) a nonresident, so long  as  the
22    purchaser  has  been  a resident of the State for at least 12
23    months prior to the date of the contract, or (iii) any person
24    less than one year of age who is a relative  of  an  Illinois
25    resident,  or  (iv)  a nonresident, if his or her parents are
26    divorced and have joint custody, so long as one parent is  an
27    Illinois resident.
28        "Tuition"  means  the quarter or semester charges imposed
29    on  a  qualified  beneficiary  to   attend   a   MAP-eligible
30    institution.
31        "Mandatory  Fees"  means  those  quarter or semester fees
32    imposed  upon  all  students  enrolled  at   a   MAP-eligible
33    institution.
34        "Registration   Fees"   means   the  charges  derived  by
 
                            -3-                LRB9104738NTsb
 1    combining tuition and mandatory fees.
 2        "Contract Unit" means 15 credit hours of instruction at a
 3    MAP-eligible institution.
 4        "Panel" means the advisory panel  created  under  Section
 5    20.
 6        "Commission"   means   the  Illinois  Student  Assistance
 7    Commission.
 8    (Source: P.A. 90-546, eff. 12-1-97.)

 9        Section 99.  Effective date.  This Act takes effect  July
10    1, 1999.

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