Fabio
111 lines
6.8 KiB
Markdown
111 lines
6.8 KiB
Markdown
---
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type: "Bill"
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title: "HIGHER ED-PAY IT FORWARD"
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description: "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."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "98th"
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identifier: "HB 5323"
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citation: "Illinois HB 5323 (98th)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: []
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version_count: 3
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action_count: 49
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vote_count: 2
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first_action: "2014-02-07"
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last_action: "2014-08-15"
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source: "openstates"
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source_identifier: "ocd-bill/2702c522-8b2f-4d67-9f89-e2fc4774b58a"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=5323&GAID=12&DocTypeID=HB&LegId=80101&SessionID=85&GA=98"
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source_hash: "1baa1166ce98e4777345a6cf0974b5c5753fabc9b6793ac1f50cbea933a33167"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-il"]
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---
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# Illinois HB 5323 (98th) — HIGHER ED-PAY IT FORWARD
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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.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800HB5323&GA=98&SessionId=85&DocTypeId=HB&LegID=80101&DocNum=5323&GAID=12&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800HB5323eng&GA=98&SessionId=85&DocTypeId=HB&LegID=80101&DocNum=5323&GAID=12&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800HB5323enr&GA=98&SessionId=85&DocTypeId=HB&LegID=80101&DocNum=5323&GAID=12&Session=&print=true)
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## Votes
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- Third Reading — **111–0** (pass) · lower
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- Third Reading — **56–0** (pass) · upper
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## Sponsors
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- Jack D. Franks — primary (person)
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- Melinda Bush — cosponsor (person)
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- Steve Stadelman — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2014-02-07** Filed with the Clerk by Rep. Jack D. Franks `filing`
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- **2014-02-10** First Reading `reading-1`
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- **2014-02-10** Referred to Rules Committee `referral-committee`
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- **2014-02-20** Assigned to Higher Education Committee `referral-committee`
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- **2014-02-20** House Committee Amendment No. 1 Filed with Clerk by Rep. Jack D. Franks `amendment-introduction`
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- **2014-02-20** House Committee Amendment No. 1 Referred to Rules Committee `referral-committee`
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- **2014-02-24** House Committee Amendment No. 1 Rules Refers to Higher Education Committee
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- **2014-02-25** Added Chief Co-Sponsor Rep. Jay Hoffman
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- **2014-02-26** House Committee Amendment No. 1 Adopted in Higher Education Committee; by Voice Vote `amendment-passage`
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- **2014-02-26** Do Pass as Amended / Short Debate Higher Education Committee; 013-000-000 `committee-passage`
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- **2014-02-26** Added Chief Co-Sponsor Rep. Robert W. Pritchard
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- **2014-02-26** Added Chief Co-Sponsor Rep. Linda Chapa LaVia
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- **2014-02-26** Added Chief Co-Sponsor Rep. Sue Scherer
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- **2014-02-26** Added Co-Sponsor Rep. Mary E. Flowers
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- **2014-02-27** Placed on Calendar 2nd Reading - Short Debate
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- **2014-03-04** Second Reading - Short Debate `reading-2`
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- **2014-03-04** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2014-03-05** Added Co-Sponsor Rep. Carol A. Sente
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- **2014-03-05** Added Co-Sponsor Rep. Laura Fine
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- **2014-03-05** Added Co-Sponsor Rep. William Davis
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- **2014-03-05** Third Reading - Short Debate - Passed 111-000-000 `reading-3, passage`
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- **2014-03-05** Added Co-Sponsor Rep. Naomi D. Jakobsson
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- **2014-03-05** Added Co-Sponsor Rep. Esther Golar
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- **2014-03-05** Added Co-Sponsor Rep. Jehan A. Gordon-Booth
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- **2014-03-05** Added Co-Sponsor Rep. Charles E. Jefferson
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- **2014-03-05** Added Co-Sponsor Rep. Eddie Lee Jackson, Sr.
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- **2014-03-05** Arrive in Senate `introduction`
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- **2014-03-05** Placed on Calendar Order of First Reading March 6, 2014 `reading-1`
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- **2014-03-05** Chief Senate Sponsor Sen. Pamela J. Althoff
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- **2014-03-06** First Reading `reading-1`
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- **2014-03-06** Referred to Assignments `referral-committee`
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- **2014-03-28** Added as Alternate Co-Sponsor Sen. Melinda Bush
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- **2014-05-01** Assigned to Higher Education `referral-committee`
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- **2014-05-07** Added as Alternate Chief Co-Sponsor Sen. Michael W. Frerichs
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- **2014-05-07** Sponsor Removed Sen. Michael W. Frerichs
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- **2014-05-08** Alternate Chief Sponsor Changed to Sen. Michael W. Frerichs
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- **2014-05-08** Added as Alternate Chief Co-Sponsor Sen. Pamela J. Althoff
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- **2014-05-13** Do Pass Higher Education; 009-000-000 `committee-passage`
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- **2014-05-13** Placed on Calendar Order of 2nd Reading May 14, 2014
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- **2014-05-15** Second Reading `reading-2`
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- **2014-05-15** Placed on Calendar Order of 3rd Reading May 19, 2014
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- **2014-05-15** Added as Alternate Co-Sponsor Sen. Steve Stadelman
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- **2014-05-20** Added as Alternate Chief Co-Sponsor Sen. Linda Holmes
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- **2014-05-23** Third Reading - Passed; 056-000-000 `reading-3, passage`
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- **2014-05-23** Passed Both Houses
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- **2014-06-20** Sent to the Governor `executive-receipt`
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- **2014-08-15** Governor Approved `executive-signature`
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- **2014-08-15** Effective Date August 15, 2014
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- **2014-08-15** Public Act . . . . . . . . . 98-0920 `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/2702c522-8b2f-4d67-9f89-e2fc4774b58a`. Confidence: reported (aggregated from official Illinois legislature records).
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