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| Public Act 103-0338 | ||||
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AN ACT concerning regulation.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Higher Education Student Assistance Act is | ||||
amended by changing Section 67 as follows: | ||||
(110 ILCS 947/67) | ||||
Sec. 67. Illinois DREAM Fund Commission. | ||||
(a) The Illinois Student Assistance Commission shall | ||||
establish an Illinois DREAM Fund Commission. The Governor | ||||
shall appoint, with the advice and consent of the Senate, | ||||
members to the Illinois DREAM Fund Commission, which shall be | ||||
comprised of 9 members representing the geographic and ethnic | ||||
diversity of this State, including students, college and | ||||
university administrators and faculty, and other individuals | ||||
committed to advancing the educational opportunities of the | ||||
children of immigrants. | ||||
(b) The Illinois DREAM Fund Commission is charged with all | ||||
of the following responsibilities: | ||||
(1) Administering this Section and raising funds for | ||||
the Illinois DREAM Fund. | ||||
(2) Establishing a not-for-profit entity charged with | ||||
raising funds for the administration of this Section, any | ||||
educational or training programs the Commission is tasked | ||||
with administering, and funding scholarships to students | ||
who are the children of immigrants to the United States. | ||
(3) Publicizing the availability of scholarships from | ||
the Illinois DREAM Fund. | ||
(4) Selecting the recipients of scholarships funded | ||
through the Illinois DREAM Fund. | ||
(5) Researching issues pertaining to the availability | ||
of assistance with the costs of higher education for the | ||
children of immigrants and other issues regarding access | ||
for and the performance of the children of immigrants | ||
within higher education. | ||
(6) Overseeing implementation of the other provisions | ||
of this amendatory Act of the 97th General Assembly. | ||
(7) Establishing and administering training programs | ||
for high school counselors and counselors, admissions | ||
officers, and financial aid officers of public | ||
institutions of higher education. The training programs | ||
shall instruct participants on the educational | ||
opportunities available to college-bound students who are | ||
the children of immigrants, including, but not limited to, | ||
in-state tuition and scholarship programs. The Illinois | ||
DREAM Fund Commission may also establish a public | ||
awareness campaign regarding educational opportunities | ||
available to college bound students who are the children | ||
of immigrants. | ||
The Illinois DREAM Fund Commission shall establish, by | ||
rule, procedures for accepting and evaluating applications for | ||
scholarships from the children of immigrants and issuing | ||
scholarships to selected student applicants. | ||
(c) To receive a scholarship under this Section, a student | ||
must meet all of the following qualifications: | ||
(1) Have resided with his or her parents or guardian | ||
while attending a public or private high school in this | ||
State. | ||
(2) Have graduated from a public or private high | ||
school or received the equivalent of a high school diploma | ||
in this State. | ||
(3) Have attended school in this State for at least 3 | ||
years as of the date he or she graduated from high school | ||
or received the equivalent of a high school diploma. | ||
(4) Have at least one parent who immigrated to the | ||
United States. | ||
(d) The Illinois Student Assistance Commission shall | ||
establish an Illinois DREAM Fund to provide scholarships under | ||
this Section. The Illinois DREAM Fund shall be funded entirely | ||
from private contributions. | ||
(e) The Illinois DREAM Fund Commission shall develop a | ||
comprehensive program, including creation of informational | ||
materials and a marketing plan, to educate people in the State | ||
of Illinois about the purpose and benefits of contributions | ||
made to the Illinois DREAM Fund. The Illinois DREAM Fund | ||
Commission shall develop specific marketing materials for the | ||
voluntary use by persons licensed pursuant to the Transmitters | ||
of Money Act.
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(Source: P.A. 97-233, eff. 8-1-11.) | ||
Section 10. The Transmitters of Money Act is amended by | ||
adding Section 94 as follows: | ||
(205 ILCS 657/94 new) | ||
Sec. 94. Donations; Illinois DREAM Fund. | ||
(a) Licensees may offer every customer who transmits money | ||
internationally the option to make a voluntary donation to the | ||
Illinois DREAM Fund. Licensees may present customers with the | ||
option to make a donation to the Illinois DREAM Fund before the | ||
customer completes the transaction. The amount of the donation | ||
shall be no less than $1 per transaction. The Department may | ||
adopt rules to administer, implement, and interpret the | ||
provisions of this Section, including, but not limited to, the | ||
amount of the donation options to be presented to customers, | ||
the manner and timing of receiving donations and remitting the | ||
donations to the Illinois DREAM Fund, and the methods by which | ||
the licensee may offer the option to donate to customers. | ||
Licensees shall not use, deduct, or retain any amounts from | ||
donations to the Illinois DREAM Fund, except any actual cost | ||
imposed by third-party payment processors to receive or remit | ||
the funds. | ||
(b) The Department shall provide to licensees under this | ||
Act electronic copies of all marketing materials created by | ||
the Illinois DREAM Fund Commission for licensees pursuant to | ||
subsection (e) of Section 67 of the Higher Education Student | ||
Assistance Act.
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Section 99. Effective date. This Act takes effect upon | ||
becoming law. | ||