ISAC-STUDENT LOAN REFINANCE Senate SponsorsSen. Don Harmon 1/13/2021SenateSession Sine Die 110 ILCS 947/71 newAmends the Higher Education Student Assistance Act. Requires the Illinois Student Assistance Commission to establish a student loan refinancing program for the purpose of purchasing any outstanding federal, State, or private student loans of an applicant who meets specified criteria, including Illinois residency. Provides that if the Commission refinances the loan of an applicant, the applicant must be charged the lowest possible interest rate for student loans in this State on the date the Commission approves the application. Provides that if at any time an individual who is participating in the refinancing program is no longer a resident of this State, the Commission may increase his or her loan interest rate. Requires the Commission to adopt rules.Senate Committee Amendment No. 1 Deletes reference to:110 ILCS 947/71 newAdds reference to:110 ILCS 947/5Replaces everything after the enacting clause. Amends the Higher Education Student Assistance Act. Makes a technical change concerning the Act's purpose. 2/7/2019SenateFiled with Secretary by Sen. Martin A. Sandoval 2/7/2019SenateFirst Reading 2/7/2019SenateReferred to Assignments 2/13/2019SenateAssigned to Higher Education 3/5/2019SenatePostponed - Higher Education 3/22/2019SenateRule 2-10 Committee Deadline Established As March 28, 2019 3/28/2019SenateRule 3-9(a) / Re-referred to Assignments 1/2/2020SenateChief Sponsor Changed to Sen. John J. Cullerton 1/20/2020SenateChief Sponsor Changed to Sen. Don Harmon 2/25/2020SenateRe-referred to Executive 2/25/2020SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Don Harmon 2/25/2020SenateSenate Committee Amendment No. 1 Referred to Assignments 2/26/2020SenateSenate Committee Amendment No. 1 Assignments Refers to Executive 3/4/2020SenateSenate Committee Amendment No. 1 Adopted 3/4/2020SenateDo Pass as Amended Executive; 016-000-000 3/4/2020SenatePlaced on Calendar Order of 2nd Reading March 5, 2020 3/25/2020SenateRule 2-10 Third Reading Deadline Established As May 7, 2020 4/12/2020SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments 4/23/2020SenateRule 2-10 Third Reading Deadline Established As May 15, 2020 4/30/2020SenateRule 2-10 Third Reading Deadline Established As May 22, 2020 5/7/2020SenateRule 2-10 Third Reading Deadline Established As May 29, 2020 5/15/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 31, 2020 1/13/2021SenateSession Sine Die