Illinois General Assembly - Bill Status for HB4364

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Bill Status of HB4364 93rd General Assembly

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Short Description: PREPD TUITION-RM & BD COSTS

House Sponsors
Rep. Naomi D. Jakobsson - Robert F. Flider - Maria Antonia Berrios - Jack D. Franks, Robin Kelly and John E. Bradley

Last Action

Date	Chamber	Action
1/11/2005	House	Session Sine Die

Statutes Amended In Order of Appearance

Synopsis As Introduced
Amends the Illinois Prepaid Tuition Act. Provides that at the purchaser's option, the Illinois prepaid tuition program must cover an institution of higher education's room and board charges. Effective immediately.

	Fiscal Note (Illinois Student Assistance Commission)
	There would be a significant start-up cost to offering prepaid room and board contracts, estimated to be more than $350,000. Beyond the start-up phase, there would be indeterminate additional costs connected with annual administration of these contracts.

Fiscal Note (Illinois Student Assistance Commission)

It is difficult to fully quantify the administrative costs associated with this legislation, but there would be a significant start-up cost to offering prepaid room and board contracts, estimated to be more than $350,000. This estimate is comprised mostly of computer programming costs and the associated computer software and, to a lesser degree, hardware necessary to implement a record-keeping system parallel to that used for prepaid tuition contracts. Beyond the start-up phase, there also would be indeterminate additional costs connected with annual administration of these contracts. Those annual administrative costs will increase as the volume of contracts under management increases.

Actions

Date	Chamber	Action
2/3/2004	House	Filed with the Clerk by Rep. Naomi D. Jakobsson
2/3/2004	House	First Reading
2/3/2004	House	Referred to Rules Committee
2/11/2004	House	Fiscal Note Filed
2/19/2004	House	Added Chief Co-Sponsor Rep. Maria Antonia Berrios
2/19/2004	House	Added Chief Co-Sponsor Rep. Jack D. Franks
2/19/2004	House	Assigned to Higher Education Committee
2/26/2004	House	Added Chief Co-Sponsor Rep. Robert F. Flider
3/2/2004	House	Added Co-Sponsor Rep. Robin Kelly
3/3/2004	House	Added Co-Sponsor Rep. John E. Bradley
3/4/2004	House	Motion Do Pass - Lost Higher Education Committee; 004-004-001
3/4/2004	House	Remains in Higher Education Committee
3/4/2004	House	Rule 19(a) / Re-referred to Rules Committee
3/22/2004	House	Fiscal Note Filed
1/11/2005	House	Session Sine Die

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