Illinois General Assembly - Bill Status for HB4843
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 Bill Status of HB4843  102nd General Assembly

Short Description:  HIGHER ED SAVINGS PROGRAM

House Sponsors
Rep. Lakesia Collins, Mark L. Walker, Kambium Buckner, Joyce Mason, Katie Stuart, Maurice A. West, II, Edgar Gonzalez, Jr., Barbara Hernandez, Debbie Meyers-Martin, Anne Stava-Murray, Margaret Croke and Patrick Windhorst

Senate Sponsors
(Sen. Cristina H. Pacione-Zayas, Sara Feigenholtz, Ram Villivalam and Christopher Belt)

Last Action
DateChamber Action
  1/10/2023HouseSession Sine Die

Statutes Amended In Order of Appearance
15 ILCS 505/16.8


Synopsis As Introduced
Amends the State Treasurer Act. Makes changes concerning the Illinois Higher Education Savings Program. Provides that the State Treasurer may make supplementary deposits to children in financially insecure households if sufficient funds are available. Provides that the State Treasurer shall annually prepare a report that includes a summary of the Program operations for the preceding fiscal year, including, among other items, the rate of seed deposits claimed, and, to the extent data is reported and available, the racial, ethnic, socioeconomic, and geographic data of beneficiaries and of children in financially insecure households who may receive automatic bonus deposits. Provides that such other information that is relevant to make a full disclosure of the operations of the Program and Fund may also be reported. Makes conforming changes.

Actions 
DateChamber Action
  1/25/2022HouseFiled with the Clerk by Rep. Lakesia Collins
  1/27/2022HouseFirst Reading
  1/27/2022HouseReferred to Rules Committee
  2/4/2022HouseAdded Co-Sponsor Rep. Mark L. Walker
  2/4/2022HouseAdded Co-Sponsor Rep. Kambium Buckner
  2/4/2022HouseAdded Co-Sponsor Rep. Joyce Mason
  2/4/2022HouseAdded Co-Sponsor Rep. Katie Stuart
  2/4/2022HouseAdded Co-Sponsor Rep. Maurice A. West, II
  2/9/2022HouseAssigned to State Government Administration Committee
  2/9/2022HouseAdded Co-Sponsor Rep. Edgar Gonzalez, Jr.
  2/9/2022HouseAdded Co-Sponsor Rep. Barbara Hernandez
  2/10/2022HouseAdded Co-Sponsor Rep. Debbie Meyers-Martin
  2/10/2022HouseAdded Co-Sponsor Rep. Anne Stava-Murray
  2/16/2022HouseDo Pass / Short Debate State Government Administration Committee; 008-000-000
  2/17/2022HouseAdded Co-Sponsor Rep. Margaret Croke
  2/17/2022HousePlaced on Calendar 2nd Reading - Short Debate
  2/22/2022HouseSecond Reading - Short Debate
  2/22/2022HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/3/2022HouseThird Reading - Short Debate - Passed 100-005-000
  3/3/2022HouseAdded Co-Sponsor Rep. Patrick Windhorst
  3/4/2022SenateArrive in Senate
  3/4/2022SenatePlaced on Calendar Order of First Reading
  3/7/2022SenateChief Senate Sponsor Sen. Cristina H. Pacione-Zayas
  3/7/2022SenateFirst Reading
  3/7/2022SenateReferred to Assignments
  3/8/2022SenateAdded as Alternate Co-Sponsor Sen. Sara Feigenholtz
  3/14/2022SenateAdded as Alternate Co-Sponsor Sen. Ram Villivalam
  3/15/2022SenateAdded as Alternate Co-Sponsor Sen. Christopher Belt
  1/10/2023HouseSession Sine Die

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