Illinois General Assembly - Bill Status for HB5907
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 Bill Status of HB5907  103rd General Assembly

Short Description:  EQUITABLE UNIVERSITY FUNDING

House Sponsors
Rep. Carol Ammons - Norma Hernandez - Barbara Hernandez - Rita Mayfield - Theresa Mah, Marcus C. Evans, Jr., Maurice A. West, II, Kevin John Olickal, Diane Blair-Sherlock, Robert "Bob" Rita, Lilian Jiménez, Yolonda Morris, Laura Faver Dias, Will Guzzardi, William "Will" Davis, Cyril Nichols, Kam Buckner, Nicholas K. Smith, Anna Moeller and Kelly M. Cassidy

Last Action
DateChamber Action
  11/12/2024HouseReferred to Rules Committee

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 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 
DateChamber Action
  11/12/2024HouseFiled with the Clerk by Rep. Carol Ammons
  11/12/2024HouseFirst Reading
  11/12/2024HouseReferred to Rules Committee
  11/13/2024HouseAdded Chief Co-Sponsor Rep. Norma Hernandez
  11/13/2024HouseAdded Chief Co-Sponsor Rep. Barbara Hernandez
  11/13/2024HouseAdded Chief Co-Sponsor Rep. Rita Mayfield
  11/13/2024HouseAdded Chief Co-Sponsor Rep. Theresa Mah
  11/13/2024HouseAdded Co-Sponsor Rep. Marcus C. Evans, Jr.
  11/13/2024HouseAdded Co-Sponsor Rep. Maurice A. West, II
  11/13/2024HouseAdded Co-Sponsor Rep. Kevin John Olickal
  11/13/2024HouseAdded Co-Sponsor Rep. Diane Blair-Sherlock
  11/13/2024HouseAdded Co-Sponsor Rep. Robert "Bob" Rita
  11/13/2024HouseAdded Co-Sponsor Rep. Lilian Jiménez
  11/13/2024HouseAdded Co-Sponsor Rep. Yolonda Morris
  11/13/2024HouseAdded Co-Sponsor Rep. Laura Faver Dias
  11/13/2024HouseAdded Co-Sponsor Rep. Will Guzzardi
  11/13/2024HouseAdded Co-Sponsor Rep. William "Will" Davis
  11/15/2024HouseAdded Co-Sponsor Rep. Cyril Nichols
  11/20/2024HouseAdded Co-Sponsor Rep. Kam Buckner
  11/20/2024HouseAdded Co-Sponsor Rep. Nicholas K. Smith
  11/20/2024HouseAdded Co-Sponsor Rep. Anna Moeller
  11/20/2024HouseAdded Co-Sponsor Rep. Kelly M. Cassidy

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