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HB 4221 Illinois House · 94th Regular Session

ISAC-SALE OF LOANS-INT-FEES

Summary
Amends the Higher Education Student Assistance Act. Provides that if any of the Illinois Student Assistance Commission's student loans are sold or transferred to a private entity, then the private entity must offer the same interest and fee rate reduction plan on the loan that the Commission would have offered if the loan was held by the Commission. Effective immediately.
Bill status failed 3 of 5 stages cleared
Introduction
Feb 2006
Committee Review
Feb 2006
House Passage
Feb 2006
Senate Passage
Governor
Introduced Feb 22, 2006 Last action Jan 9, 2007
Floor votes · House Feb 21, 2006

How they voted

102–0
Passed · 5 other
Total votes 107
Feb 21, 2006
D Democratic58
54 Yea 4
93% Yea
R Republican49
48 Yea 1
97% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
33
Key actions
3
Committee
4
Amendments
2
Feb 22, 2006
Committee
Referred to Rules
upper
Feb 22, 2006
Introduced
Arrive in Senate
upper
Feb 21, 2006
House · Passed
House Vote: pass (102-0-5)
house
Feb 15, 2006
Lower · Passed
Do Pass as Amended / Short Debate Higher Education Committee; 013-000-000
lower
Feb 15, 2006
Lower · Passed
House Committee Amendment No. 1 Adopted in Higher Education Committee; by Voice Vote
lower
Feb 15, 2006
Introduced
House Committee Amendment No. 1 Filed with Clerk by Higher Education Committee
lower
Feb 7, 2006
Committee
Assigned to Higher Education Committee
lower
Jan 4, 2006
Committee
Referred to Rules Committee
lower
0 primary · 5 co-sponsors

Sponsors

No sponsor information available.