Public Act 094-1006
SB2931 Enrolled LRB094 17140 BDD 54434 b

    AN ACT concerning State government.
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
    Section 5. The Department of Commerce and Economic
Opportunity Law of the Civil Administrative Code of Illinois is
amended by adding Section 605-430 as follows:
    (20 ILCS 605/605-430 new)
    Sec. 605-430. Lifelong learning accounts; pilot program.
    (a) The Department may establish and maintain a pilot
program to provide for and test the use of lifelong learning
accounts for workers in the State's healthcare sector. For the
purposes of this Section, "lifelong learning account" means an
individual asset account held by a trustee, custodian, or
fiduciary approved by the Department on behalf of a healthcare
employee, the moneys in which may be used only to pay education
expenses incurred by or on behalf of the account owner.
    (b) The Department, if administering a program under this
        (1) may serve up to 500 healthcare workers;
        (2) must encourage the participation, in the program,
    of lower-income and lower-skilled healthcare workers;
        (3) must implement the program in diverse geographic
    and economic areas and include healthcare workers in urban,
    suburban, and rural areas of the State;
        (4) must include, in the program, healthcare employers
    of different sizes that choose to participate in the
        (5) must provide matching grants in an amount, not to
    exceed $500 annually for each grant, equal to 50% of the
    annual aggregate contribution made by an employer and
    employee to the employee's lifelong learning account;
        (6) must make technical assistance available to
    companies and educational and career advising available to
    individual participants.
    (c) The establishment of program under this Section is
discretionary on the part of the Department and is subject to
    (d) The Department may adopt any rules necessary to
administer the provisions of this Section.
    Section 99. Effective date. This Act takes effect upon
becoming law.