Senate Sponsors: WATSON. Short description: TRANSFER TO FED STU LOAN FUND Synopsis of Bill as introduced: Amends the Higher Education Student Assistance Act. Provides that at the request of the Executive Director of the Illinois Student Assistance Commission, the Comptroller shall transfer funds from the Student Loan Operating Fund into the Federal Student Loan Fund. Effective immediately. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status