HB1199 Summary

• Appropriates $42,000,000 from the General Revenue Fund to the State Board of Education for the Illinois Textbook Loan Program
• Provides free loans of secular textbooks to students in grades kindergarten through 12 enrolled in public schools or compliant non-public schools
• The Textbook Loan Program currently serves 2.1 million school children and 164,000 educators across Illinois
• Serves as the sole source of instructional materials funding for many school districts and helps prevent increases in local property taxes
• Effective date is July 1, 2011