SCHOOL-AS-LENDER CONTRACTS House SponsorsRep. Jack D. Franks-Michael K. Smith-Jim Sacia-Aaron Schock, Suzanne Bassi, Jerry L. Mitchell, Linda Chapa LaVia, Patrick J Verschoore, Annazette Collins, Gary Hannig, Charles E. Jefferson and Michelle Chavez 1/9/2007HouseSession Sine Die New Act Creates the School-As-Lender Contracts Prohibition Act. Prohibits a public university in Illinois that offers graduate courses from entering into a school-as-lender contract with a private lending institution, but allows the university to maintain its Direct Loan Programs. Provides that any university that violates the Act shall forfeit $8.91 of State funding for every $100 loaned to the university through a school-as-lender contract. 9/26/2005HouseFiled with the Clerk by Rep. Jack D. Franks 9/30/2005HouseAdded Chief Co-Sponsor Rep. Michael K. Smith 10/4/2005HouseAdded Chief Co-Sponsor Rep. Jim Sacia 10/11/2005HouseAdded Chief Co-Sponsor Rep. Aaron Schock 10/11/2005HouseAdded Chief Co-Sponsor Rep. Robert W. Pritchard 10/13/2005HouseAdded Co-Sponsor Rep. Suzanne Bassi 10/19/2005HouseFirst Reading 10/19/2005HouseReferred to Rules Committee 10/25/2005HouseAdded Co-Sponsor Rep. Jerry L. Mitchell 10/26/2005HouseAdded Co-Sponsor Rep. Linda Chapa LaVia 10/26/2005HouseAdded Co-Sponsor Rep. Kathleen A. Ryg 10/26/2005HouseAdded Co-Sponsor Rep. Patrick J Verschoore 10/26/2005HouseAdded Co-Sponsor Rep. Annazette Collins 10/26/2005HouseAdded Co-Sponsor Rep. Gary Hannig 10/26/2005HouseAdded Co-Sponsor Rep. Charles E. Jefferson 10/26/2005HouseAdded Co-Sponsor Rep. Michelle Chavez 10/27/2005HouseRemoved Co-Sponsor Rep. Kathleen A. Ryg 11/4/2005HouseRemove Chief Co-Sponsor Rep. Robert W. Pritchard 1/9/2007HouseSession Sine Die