IllinoisHB2778104th General Assembly (2025–2026)House

BD HIGHR ED-FINANCIAL LITERACY

Sponsored By: Stephanie A. Kifowit (Democratic)

In Committee

Summary

Amends the Board of Higher Education Act. Provides that, subject to appropriation, the Board of Higher Education shall award a grant to a statewide association of public pension funds affiliated with a public institution of higher education to develop and deliver an in-person financial literacy training program for public employees. Provides that the program shall consist of in-person training regarding retirement income, including pension benefits, Social Security benefits, and employer-sponsored deferred compensation and retiree healthcare savings plans and shall also include instruction in financial planning and important elements of consumer finance, such as debt, educational savings, budgeting, and related subjects. Provides that the program shall include recorded programs to assist public employees who work on nontraditional shift assignments.

appropriations-higher education

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Stephanie A. Kifowit

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Rule 19(a) / Re-referred to Rules Committee

    3/21/2025House
  2. Assigned to Appropriations-Higher Education Committee

    3/4/2025House
  3. Referred to Rules Committee

    2/6/2025House
  4. First Reading

    2/6/2025House
  5. Filed with the Clerk by Rep. Stephanie A. Kifowit

    2/5/2025House

Bill Text

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