SB0013 - 104th General Assembly

EQUITABLE UNIVERSITY FUNDING
Last Action
6/02/2025 - Senate: Rule 3-9(a) / Re-referred to Assignments
Statutes Amended In Order of Appearance
New Act
110 ILCS 205/8from Ch. 144, par. 188
Synopsis As Introduced
Creates the Adequate and Equitable Public University Funding Act. Provides that, after the effective date of the Act, all general operating expenses for public universities shall be distributed by the Board of Higher Education through a funding formula for eligible public institutions and shall be administered by the Board. Defines "eligible public institution". Sets forth provisions concerning the adequacy targets and resource profiles of eligible public institutions. Provides for the distribution of State appropriations and the calculation of the base funding minimum for each eligible public institution. Provides that the Board shall oversee an accountability and transparency framework for assessing the distribution and use of all funds appropriated by the funding formula and evaluating the funds' effects on institutional outcomes pertaining to student affordability, enrollment, persistence, and outcome metrics. Provides for reporting and the establishment of an Accountability and Transparency Committee. Provides that the Board shall establish a Funding Formula Review Panel tasked with studying and reviewing topics pertaining to the implementation and impact of the funding formula. Contains provisions concerning the Board's annual budget request and the collection of data. Amends the Board of Higher Education Act. Removes certain provisions concerning budget proposals. Effective immediately.
Actions
Date Chamber Action
1/13/2025 Senate Filed with Secretary by Sen. Kimberly A. Lightford
1/13/2025 Senate First Reading
1/13/2025 Senate Referred to Assignments
2/19/2025 Senate Added as Chief Co-Sponsor Sen. Mattie Hunter
2/26/2025 Senate Added as Co-Sponsor Sen. Adriane Johnson
3/20/2025 Senate Added as Co-Sponsor Sen. Christopher Belt
3/20/2025 Senate Added as Co-Sponsor Sen. David Koehler
4/03/2025 Senate Added as Co-Sponsor Sen. Graciela Guzmán
4/04/2025 Senate Added as Co-Sponsor Sen. Rachel Ventura
4/08/2025 Senate Added as Chief Co-Sponsor Sen. Willie Preston
4/09/2025 Senate Added as Co-Sponsor Sen. Karina Villa
4/09/2025 Senate Added as Co-Sponsor Sen. Michael W. Halpin
4/10/2025 Senate Added as Co-Sponsor Sen. Ram Villivalam
4/11/2025 Senate Assigned to Executive
4/11/2025 Senate Rule 2-10 Committee/3rd Reading Deadline Established As May 9, 2025
4/16/2025 Senate Senate Committee Amendment No. 1 Filed with Secretary by Sen. Kimberly A. Lightford
4/16/2025 Senate Senate Committee Amendment No. 1 Referred to Assignments
4/23/2025 Senate Senate Committee Amendment No. 1 Assignments Refers to Executive
5/09/2025 Senate Rule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025
5/22/2025 Senate Added as Co-Sponsor Sen. Doris Turner
5/23/2025 Senate Rule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025
6/02/2025 Senate Rule 3-9(a) / Re-referred to Assignments
6/02/2025 Senate Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments