Illinois 2023-2024 Regular Session

Illinois House Bill HB3233

Introduced
2/16/23  
Refer
2/17/23  
Introduced
2/16/23  
Refer
3/1/23  
Refer
2/17/23  
Report Pass
3/7/23  
Refer
3/1/23  
Engrossed
3/22/23  
Report Pass
3/7/23  
Refer
3/23/23  
Engrossed
3/22/23  
Refer
4/12/23  
Refer
3/23/23  
Report Pass
4/26/23  
Refer
4/12/23  
Enrolled
5/18/23  
Report Pass
4/26/23  
Enrolled
5/18/23  
Chaptered
7/28/23  
Chaptered
7/28/23  

Caption

FIN-DONATIONS TO IL DREAM FUND

Impact

The implementation of HB 3233 is expected to positively influence state laws related to higher education and funding for immigrant children. By facilitating donations to the Illinois DREAM Fund through international money transmitters, the bill aims to increase the resources available for scholarships, thereby enhancing access to education for underrepresented populations. This financial support structure is designed to alleviate the costs associated with higher education, potentially leading to increased enrollment and success rates among immigrant students.

Summary

House Bill 3233 establishes the Illinois DREAM Fund, aimed at providing financial assistance and scholarships to children of immigrants for higher education. The bill amends the Higher Education Student Assistance Act to create a commission tasked with administering the program, raising funds, and promoting educational opportunities. The commission will be responsible for publicizing scholarship availability, research related to educational access for immigrant children, and developing training programs for educational counselors. This initiative seeks to improve the higher education landscape for children of immigrants, addressing barriers to access and funding.

Sentiment

Overall sentiment around the bill appears to lean positive, particularly among advocacy groups and educational institutions that support greater access to education for underprivileged communities. Proponents highlight the importance of recognizing the contributions of immigrant families and providing equitable educational opportunities. However, there may be some contention regarding the mechanism of funding and the adequacy of support for implementation, which could be areas of concern for critics who might fear that dependence on voluntary donations might not meet the actual needs of the scholarship fund.

Contention

Notable points of contention include the methods of fundraising for the Illinois DREAM Fund, as well as the effectiveness of the commission in fulfilling its mandate. Critics may argue about the sustainability of relying on voluntary donations from international money transaction customers, questioning whether this funding model will be sufficient over time. Furthermore, discussions around the eligibility criteria for scholarships and potential bureaucratic hurdles in fund distribution could lead to debates about efficiency and access.

Companion Bills

No companion bills found.

Previously Filed As

IL SB3666

DIGITAL ASSETS REGULATION ACT

IL SB1797

DIGITAL ASSETS & CONS PROT ACT

IL SB3670

FINANCIAL REGULATION-VARIOUS

IL HB3479

FINANCIAL REGULATION-VARIOUS

IL SB3412

UNIFORM MONEY TRANSMISSION ACT

IL SB1512

CONSUMER FIN PROTECTION LAW

IL SB829

Cannabis: donations.

IL SB1359

Modifies provisions relating to financial institutions

IL HB3693

DFPR-EMAIL ADDRESS OF RECORD

IL HB5372

CREDIT UNIONS-EXAMINATION FEES

Similar Bills

No similar bills found.