Rule 3-9(a) / Re-referred to Assignments
Summary
The bill changes who can qualify as a community foundation under the Workforce Development through Charitable Loan Repayment Act, requiring compliance with national standards and an accreditation seal on a set timeline. It also replaces Section 5 of the Higher Education Student Assistance Act with a new purpose statement about expanding financial aid for Illinois students. These changes aim to ensure that charitable loan‑repayment partners meet recognized standards and to reaffirm the state’s commitment to higher‑education financing.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get real-time alerts when HB 5491 changes status, plus AI-powered summaries and stage predictions.
Sign up free