96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB5974

 

Introduced 2/10/2010, by Rep. Linda Chapa LaVia

 

SYNOPSIS AS INTRODUCED:
 
110 ILCS 945/6.10   from Ch. 144, par. 1605.10

    Amends the Higher Education Loan Act. Makes a technical change in a Section concerning aiding an Authority Education Loan financing program.


LRB096 19475 MJR 34867 b

 

 

A BILL FOR

 

HB5974 LRB096 19475 MJR 34867 b

1     AN ACT concerning education.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Higher Education Loan Act is amended by
5 changing Section 6.10 as follows:
 
6     (110 ILCS 945/6.10)  (from Ch. 144, par. 1605.10)
7     Sec. 6.10. Receipt and acceptance of loans, contributions
8 or grants. To receive and and accept from any source, loans,
9 contributions or grants for or in aid of an Authority Education
10 Loan financing program or any portion thereof and, when
11 required, to use such funds, property or labor only for the
12 purposes for which it was loaned, contributed or granted.
13 (Source: P.A. 82-658.)