SB 2137

  • Illinois Senate Bill
  • 101st Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Prepaid Tuition Act Approp

Abstract

Amends the Illinois Prepaid Tuition Act. Makes a change to a reference to the Illinois Pension Code with respect to subjecting the Illinois Student Assistance Commission to the same investment requirements as are imposed upon the board of trustees of a retirement system. Provides for an irrevocable and continuing appropriation (and the irrevocable and continuing authority for and direction to the State Comptroller and the State Treasurer to make the necessary transfers out of and disbursements from the revenues and funds of the State) if for any reason the General Assembly fails to make appropriations of amounts sufficient for the State to pay contractual obligations, and provides that the full faith and credit of the State of Illinois is pledged for the punctual payment of such obligations. Senate Committee Amendment No. 1 Replaces everything after the enacting clause. Reinserts the provisions of the introduced bill with the following changes. Provides for an irrevocable and continuing appropriation from the General Revenue Fund to the Illinois Student Assistance Commission if moneys in the Illinois Prepaid Tuition Trust Fund are insufficient to cover contractual obligations (rather than if for any reason the General Assembly fails to make appropriations of amounts sufficient for the State to pay contractual obligations). Removes the irrevocable and continuing authority of the Comptroller and Treasurer to make the necessary transfers and disbursements.

Bill Sponsors (7)

Votes


Actions


Jul 03, 2019

Senate

Senate Floor Amendment No. 2 Pursuant to Senate Rule 3-9(b) / Referred to Assignments

May 02, 2019

Senate

Rule 3-9(a) / Re-referred to Assignments

Apr 12, 2019

Senate

Rule 2-10 Third Reading Deadline Established As May 2, 2019

Apr 11, 2019

Senate

Added as Co-Sponsor Sen. Dan McConchie

Apr 09, 2019

Senate

Second Reading

Senate

Senate Floor Amendment No. 2 Recommend Do Adopt Higher Education; 010-000-000

Senate

Placed on Calendar Order of 3rd Reading April 10, 2019

Senate

Senate Floor Amendment No. 2 Assignments Refers to Higher Education

Apr 05, 2019

Senate

Senate Floor Amendment No. 2 Filed with Secretary by Sen. Scott M. Bennett

Senate

Senate Floor Amendment No. 2 Referred to Assignments

Mar 22, 2019

Senate

Added as Co-Sponsor Sen. David Koehler

Mar 20, 2019

Senate

Do Pass as Amended Higher Education; 011-000-000

Senate

Placed on Calendar Order of 2nd Reading March 21, 2019

Mar 19, 2019

Senate

Senate Committee Amendment No. 1 Adopted

Senate

Senate Committee Amendment No. 1 Assignments Refers to Higher Education

Mar 15, 2019

Senate

Senate Committee Amendment No. 1 Referred to Assignments

Senate

Senate Committee Amendment No. 1 Filed with Secretary by Sen. Scott M. Bennett

Mar 14, 2019

Senate

Added as Co-Sponsor Sen. Sue Rezin

Mar 13, 2019

Senate

Added as Chief Co-Sponsor Sen. Iris Y. Martinez

Mar 12, 2019

Senate

Postponed - Higher Education

Mar 11, 2019

Senate

Added as Chief Co-Sponsor Sen. John F. Curran

Mar 05, 2019

Senate

Assigned to Higher Education

Feb 28, 2019

Senate

Added as Co-Sponsor Sen. Paul Schimpf

Feb 15, 2019

Senate

Filed with Secretary by Sen. Scott M. Bennett

Senate

Referred to Assignments

Senate

First Reading

Bill Text

Bill Text Versions Format
Introduced HTML

Related Documents

Document Format
Senate Amendment 002
Senate Amendment 001

Sources

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