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republic-os/legislation/us/states/il/98th/hb-5323.md
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Fabio 5941153bb7 Legislation: batch B — IL IN KS KY LA MA MD ME MI MN 
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 17:27:20 -04:00

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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill HIGHER ED-PAY IT FORWARD Creates the Pay It Forward, Pay It Back Act. Establishes a program to provide loans to eligible students to attend an institution of higher learning in this State that are to be repaid, in part, according to the income of the student borrowers. Sets forth the Pay It Forward, Pay It Back Program Fund where moneys in the fund shall be kept for the sole purpose of awarding program loans under the Act. Provides that the Department of Revenue shall administer the program and by rule develop the loan application process. Sets forth provisions governing loan repayment. Requires the Department to submit an annual report to the General Assembly. Amends the State Finance Act to create the Pay It Forward, Pay It Back Program Fund. Effective immediately. us/states/il Illinois General Assembly 98th HB 5323 Illinois HB 5323 (98th)
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3 49 2 2014-02-07 2014-08-15 openstates ocd-bill/2702c522-8b2f-4d67-9f89-e2fc4774b58a http://ilga.gov/legislation/BillStatus.asp?DocNum=5323&GAID=12&DocTypeID=HB&LegId=80101&SessionID=85&GA=98 1baa1166ce98e4777345a6cf0974b5c5753fabc9b6793ac1f50cbea933a33167 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
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us-il

Illinois HB 5323 (98th) — HIGHER ED-PAY IT FORWARD

Creates the Pay It Forward, Pay It Back Act. Establishes a program to provide loans to eligible students to attend an institution of higher learning in this State that are to be repaid, in part, according to the income of the student borrowers. Sets forth the Pay It Forward, Pay It Back Program Fund where moneys in the fund shall be kept for the sole purpose of awarding program loans under the Act. Provides that the Department of Revenue shall administer the program and by rule develop the loan application process. Sets forth provisions governing loan repayment. Requires the Department to submit an annual report to the General Assembly. Amends the State Finance Act to create the Pay It Forward, Pay It Back Program Fund. Effective immediately.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

  1. Introduced (filed) — source
  2. Engrossed (committee substitute) — source
  3. Enrolled (enrolled) — source

Votes

  • Third Reading — 111–0 (pass) · lower
  • Third Reading — 56–0 (pass) · upper

Sponsors

  • Jack D. Franks — primary (person)
  • Melinda Bush — cosponsor (person)
  • Steve Stadelman — cosponsor (person)

Timeline

The legislative action history — every referral, reading, and vote.

  • 2014-02-07 Filed with the Clerk by Rep. Jack D. Franks filing
  • 2014-02-10 First Reading reading-1
  • 2014-02-10 Referred to Rules Committee referral-committee
  • 2014-02-20 Assigned to Higher Education Committee referral-committee
  • 2014-02-20 House Committee Amendment No. 1 Filed with Clerk by Rep. Jack D. Franks amendment-introduction
  • 2014-02-20 House Committee Amendment No. 1 Referred to Rules Committee referral-committee
  • 2014-02-24 House Committee Amendment No. 1 Rules Refers to Higher Education Committee
  • 2014-02-25 Added Chief Co-Sponsor Rep. Jay Hoffman
  • 2014-02-26 House Committee Amendment No. 1 Adopted in Higher Education Committee; by Voice Vote amendment-passage
  • 2014-02-26 Do Pass as Amended / Short Debate Higher Education Committee; 013-000-000 committee-passage
  • 2014-02-26 Added Chief Co-Sponsor Rep. Robert W. Pritchard
  • 2014-02-26 Added Chief Co-Sponsor Rep. Linda Chapa LaVia
  • 2014-02-26 Added Chief Co-Sponsor Rep. Sue Scherer
  • 2014-02-26 Added Co-Sponsor Rep. Mary E. Flowers
  • 2014-02-27 Placed on Calendar 2nd Reading - Short Debate
  • 2014-03-04 Second Reading - Short Debate reading-2
  • 2014-03-04 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2014-03-05 Added Co-Sponsor Rep. Carol A. Sente
  • 2014-03-05 Added Co-Sponsor Rep. Laura Fine
  • 2014-03-05 Added Co-Sponsor Rep. William Davis
  • 2014-03-05 Third Reading - Short Debate - Passed 111-000-000 reading-3, passage
  • 2014-03-05 Added Co-Sponsor Rep. Naomi D. Jakobsson
  • 2014-03-05 Added Co-Sponsor Rep. Esther Golar
  • 2014-03-05 Added Co-Sponsor Rep. Jehan A. Gordon-Booth
  • 2014-03-05 Added Co-Sponsor Rep. Charles E. Jefferson
  • 2014-03-05 Added Co-Sponsor Rep. Eddie Lee Jackson, Sr.
  • 2014-03-05 Arrive in Senate introduction
  • 2014-03-05 Placed on Calendar Order of First Reading March 6, 2014 reading-1
  • 2014-03-05 Chief Senate Sponsor Sen. Pamela J. Althoff
  • 2014-03-06 First Reading reading-1
  • 2014-03-06 Referred to Assignments referral-committee
  • 2014-03-28 Added as Alternate Co-Sponsor Sen. Melinda Bush
  • 2014-05-01 Assigned to Higher Education referral-committee
  • 2014-05-07 Added as Alternate Chief Co-Sponsor Sen. Michael W. Frerichs
  • 2014-05-07 Sponsor Removed Sen. Michael W. Frerichs
  • 2014-05-08 Alternate Chief Sponsor Changed to Sen. Michael W. Frerichs
  • 2014-05-08 Added as Alternate Chief Co-Sponsor Sen. Pamela J. Althoff
  • 2014-05-13 Do Pass Higher Education; 009-000-000 committee-passage
  • 2014-05-13 Placed on Calendar Order of 2nd Reading May 14, 2014
  • 2014-05-15 Second Reading reading-2
  • 2014-05-15 Placed on Calendar Order of 3rd Reading May 19, 2014
  • 2014-05-15 Added as Alternate Co-Sponsor Sen. Steve Stadelman
  • 2014-05-20 Added as Alternate Chief Co-Sponsor Sen. Linda Holmes
  • 2014-05-23 Third Reading - Passed; 056-000-000 reading-3, passage
  • 2014-05-23 Passed Both Houses
  • 2014-06-20 Sent to the Governor executive-receipt
  • 2014-08-15 Governor Approved executive-signature
  • 2014-08-15 Effective Date August 15, 2014
  • 2014-08-15 Public Act . . . . . . . . . 98-0920 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/2702c522-8b2f-4d67-9f89-e2fc4774b58a. Confidence: reported (aggregated from official Illinois legislature records).

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