PETKA. New Act 30 ILCS 105/5.541 new Creates the Community Scholarship Foundation Program Act and amends the State Finance Act. Establishes the Community Scholarship Foundation Program, to be administered by the Illinois Student Assistance Commission, to encourage local communities to develop scholarship programs that assist their residents in obtaining a higher education. Requires the Commission to award a foundation $2,000 upon demonstration to the Commission that the foundation has raised $2,000 for scholarships or the creation of an endowment for scholarships. Creates the Community Scholarship Foundation Fund as a special fund in the State treasury. Repeals the Act on June 30, 2003. Effective July 1, 2000. 00-01-27 S FIRST READING 00-01-27 S REFERRED TO SENATE RULES COMMITTEE RULES 00-02-10 S ASSIGNED TO COMMITTEE EDUCATION 00-02-16 S TO SUBCOMMITTEE 00-02-16 S COMMITTEE EDUCATION 00-02-18 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES 01-01-09 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary