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92_SB0317
LRB9205862NTsb
1 AN ACT relating to schools.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Private Business and Vocational Schools
5 Act is amended by changing Section 1.1 as follows:
6 (105 ILCS 425/1.1) (from Ch. 144, par. 136.1)
7 Sec. 1.1. Exemptions and annual filing.
8 (a) For purposes of this Act, the following shall not be
9 considered to be a private business and vocational school:
10 (1) Any eleemosynary institution.
11 (2) Any religious institution.
12 (3) Any public educational institution exempt from
13 property taxation under the laws of this State.
14 (4) Any in-service course of instruction and
15 subject offered by an employer provided no tuition is
16 charged and such instruction is offered only to employees
17 of such employer.
18 (5) Any educational institution which on the
19 effective date of this amendatory Act of 1984 is
20 regulated solely by or which on January 2, 2001 June 30,
21 1991, is solely degree granting, enrolls a majority of
22 its students in bachelors' or higher degree programs, has
23 maintained an accredited status with the Commission on
24 Institutions of Higher Education of the North Central
25 Association of Colleges and Schools, and is regulated by
26 the Illinois Board of Higher Education under the Private
27 College Act or the Academic Degree Act, or which is
28 exempt from such regulation under either of the foregoing
29 Acts solely for the reason that such educational
30 institution was in operation on the effective date of
31 either such Act.
-2- LRB9205862NTsb
1 (6) Any institution and the franchisees of such
2 institution which offer exclusively a course of
3 instruction in income tax theory or return preparation at
4 a total contract price of no more than $400, provided
5 that the total annual enrollment of such institution for
6 all such courses of instruction exceeds 500 students, and
7 further provided that the total contract price for all
8 instruction offered to a student in any one calendar year
9 does not exceed $400. For each calendar year after 1990,
10 the total contract price shall be adjusted, rounded off
11 to the nearest dollar, by the same percentage as the
12 increase or decrease in the general price level as
13 measured by the consumer price index for all urban
14 consumers for the United States, or its successor index,
15 as defined and officially reported by the United States
16 Department of Labor, or its successor agency. The change
17 in the index shall be that as first published by the
18 Department of Labor for the calendar year immediately
19 preceding the year in which the total contract price is
20 calculated.
21 (b) An institution exempted under subsection (a) of this
22 Section must file with the Superintendent an annual financial
23 report to demonstrate continued compliance by the institution
24 with the requirements on which the exemption is based.
25 (Source: P.A. 90-649, eff. 7-24-98.)