SB 1560 Illinois Senate · 102nd Regular Session

QUALIFIED HIGHER ED EXPENSES

Summary
Amends the State Treasurer Act. Modifies provisions concerning the College Savings Pool. Provides that "qualified expenses" includes qualified higher education expenses, including amounts paid as principal or interest on any qualified education loan of a designated beneficiary or a sibling of the designated beneficiary, as provided under the Internal Revenue Code.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2021
Committee Review
Floor Vote
Governor
Introduced Feb 26, 2021 Last action Jan 10, 2023
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Full legislative history

Actions timeline

Total actions
6
Key actions
0
Committee
3
Apr 16, 2021
Committee
Rule 3-9(a) / Re-referred to Assignments
upper
Mar 16, 2021
Committee
Assigned to State Government
upper
Feb 26, 2021
Committee
Referred to Assignments
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Celina Villanueva
Celina Villanueva
DDemocratic
IL
12