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IL HB5491

Bill

Official Source

Status

Introduced

2/6/2026

Primary Sponsor

Katie Stuart

Click for details

Origin

House of Representatives

104th General Assembly

AI Summary

  • Amends the Workforce Development through Charitable Loan Repayment Act to update the definition of "qualified community foundation"
  • Adopts the definition from the Illinois Gives Tax Credit Act (Section 170-5) instead of maintaining a separate definition
  • Removes previous requirements that foundations comply with Community Foundations National Standards as determined by the Illinois Student Assistance Commission
  • Eliminates the prior requirement for Commission approval for participation in the Workforce Development Through Charitable Loan Repayment Program
  • Takes effect immediately upon becoming law

Legislative Description

EDUC-QLFD COMMUNITY FOUNDATION

Last Action

Assigned to Higher Education Committee

3/4/2026

Committee Referrals

Higher Education3/4/2026
Rules2/13/2026

Full Bill Text

No bill text available