HIGHER ED-TUITION REDUCTION Senate SponsorsSen. Pat McGuire-Kimberly A. Lightford and Daniel Biss 1/9/2019SenateSession Sine Die New ActCreates the Tuition Reduction Act. Beginning with the 2017-2018 academic year, requires each public university located in this State to reimburse its full-time resident undergraduate students a portion of the tuition charged in the form of a grant applied directly to a student's financial aid account. Provides that to determine the per-pupil grant amount, the university shall calculate the difference, if any, between the current fiscal year's aggregate appropriations to the university and fiscal year 2015's aggregate appropriations to the university and divide that amount by the number of students enrolled in the previous academic year. Provides that 50% of this calculation then equals the per-pupil grant amount, to be awarded to currently enrolled students to reduce their tuition costs (unless the current fiscal year's aggregate appropriations to the university are equal to or less than fiscal year 2015's aggregate appropriations). Requires each university to annually report updated estimates of the total amount in grants awarded in an academic year to the Governor and the appropriate committees of the General Assembly. Effective immediately. 2/10/2017SenateFiled with Secretary by Sen. Pat McGuire 2/10/2017SenateFirst Reading 2/10/2017SenateReferred to Assignments 2/28/2017SenateAssigned to Higher Education 3/1/2017SenateAdded as Chief Co-Sponsor Sen. Kimberly A. Lightford 3/8/2017SenatePostponed - Higher Education 3/13/2017SenateAdded as Co-Sponsor Sen. Daniel Biss 3/15/2017SenateTo Subcommittee on Public Higher Education Administrative Costs, Tuition and Fees 3/17/2017SenateRule 2-10 Committee Deadline Established As April 7, 2017 4/7/2017SenateRule 3-9(a) / Re-referred to Assignments 1/9/2019SenateSession Sine Die