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10/20/2009
A new State Legislative Update has been posted for your reference at collegezone.com. This Update, dated October 19, 2009, contains the status of bills that pertain to ISAC-administered programs and higher education in general. The General Assembly has completed the first week of its fall veto session and will return for the remainder October 28th - 30th. As part of the activity during the past week, an additional $205 million was appropriated to ISAC for the current fiscal year, to restore Monetary Award Program (MAP) funding for the remainder of the 2009-10 academic year. The bill was signed by Governor Quinn on Sunday, October 18th and becomes effective immediately.
The remainder of the Update provides information about the impact of the restored MAP funding on an already strained State budget and possible solutions to offsetting this part of the deficit. Also included is a summary of legislation considered during the spring session that affects student financial aid and/or ISAC. The bills are arranged first by the bills' status: Amendatorily Vetoed, Not Yet Approved by Both Chambers and Public Acts (those that have become law). Within each status, they are further arranged by topic.
The State Legislative Update can be accessed through College Zone's e-Library, #13, ISAC Announcements, Press Releases & State Legislative Updates. We will notify you when a new Update is posted.
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