91st General Assembly
Summary of SB0589
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Senate Sponsors:
FAWELL.

House Sponsors:
HANNIG-GILES-ERWIN

Short description: 
$ILL STU ASSISTANCE COMM                                                   

Synopsis of Bill as introduced:
        Makes  appropriations  to   the   Illinois   Student   Assistance      
   Commission.  Effective July 1, 1999.                                        
        SENATE AMENDMENT NO. 1.                                                
        Deletes everything. Reinserts the contents of the bill, with           
   changes. Changes the amounts appropriated to the Illinois Student           
   Assistance Commission. Removes the provision making an appropriation        
   for the Loan Based Solution system replacement project. Effective July      
   1, 1999.                                                                    
        SENATE AMENDMENT NO. 2.                                                
        Deletes everything after the enacting clause. Reinserts the con-       
   tents of the bill as introduced, but changes the amounts appropriated       
   to the Illiinois Student Assistance Commission. Also makes appropria-       
   tions for the transfer of interest income to the Student Loan Opera-        
   ting Fund and for transfer to the Federal Student Loan Fund. Effective      
   July 1, 1999.                                                               
        HOUSE AMENDMENT NO. 1.                                                 
        Deletes everything after  the  enacting  clause.   Reinserts  the      
   contents   of   the   bill  as  engrossed,  but  changes  the  amounts      
   appropriated  for  certain  purposes.   Changes  references  from  the      
   Student Assistance Commission Student Loan Fund to  the  Student  Loan      
   Operating  Fund  and  the Federal Student Loan Fund. Provides that the      
   amount appropriated from  the  Federal  Reserve  Recall  Fund  to  the      
   Commission  is  for  default  aversion  activities (instead of for the      
   transfer of interest income  to  the  Student  Loan  Operating  Fund).      
   Effective July 1, 1999.                                                     
        HOUSE AMENDMENT NO. 2.                                                 
        Increases various grant amounts to the ISAC.                           
 
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   2     SENATE -   2


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