Illinois General Assembly - Bill Status for HB0024
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 Bill Status of HB0024  101st General Assembly


Short Description:  HGHR ED-LOAN REPAY-MINORITIES

House Sponsors
Rep. Mary E. Flowers - Rita Mayfield - Anne Stava-Murray - LaToya Greenwood

Last Action
DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
New Act
30 ILCS 105/5.891 new


Synopsis As Introduced
Creates the Not-For-Profit Organization Minority Employee Assistance Act. Defines terms. Requires the Illinois Student Assistance Commission to establish and administer the Not-For-Profit Organization Minority Employee Loan Repayment Assistance Program for the primary purpose of providing loan repayment assistance to minority employees to encourage minorities to pursue careers with not-for-profit organizations; provides for the Program's eligibility requirements. Provides that the maximum amount of loan repayment assistance for each Program participant shall be $5,000 per year, up to a maximum of $25,000 during the participant's career; provides for the manner of fund distribution. Provides that if a Program participant becomes ineligible during the term of a loan, he or she must repay the outstanding amount of any loan received from the Commission. Amends the State Finance Act to create the Not-For-Profit Organization Minority Employee Loan Repayment Assistance Fund as a special fund in the State treasury.

Actions 
DateChamber Action
  11/30/2018HousePrefiled with Clerk by Rep. Mary E. Flowers
  1/9/2019HouseFirst Reading
  1/9/2019HouseReferred to Rules Committee
  1/29/2019HouseAssigned to Higher Education Committee
  2/14/2019HouseAdded Chief Co-Sponsor Rep. Rita Mayfield
  2/14/2019HouseAdded Chief Co-Sponsor Rep. Anne Stava-Murray
  3/22/2019HouseTo Special Issues Subcommittee (HED)
  3/26/2019HouseAdded Chief Co-Sponsor Rep. LaToya Greenwood
  3/29/2019HouseRule 19(a) / Re-referred to Rules Committee
  1/13/2021HouseSession Sine Die

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