20 ILCS 3805/1 from Ch. 67 1/2, par. 301
Amends the Illinois Housing Development Act. Authorizes the
Illinois Housing Development Authority to develop and implement a
program of financial assistance, subject to appropriation, to recently
hired Illinois teachers purchasing their first primary residence.
Limits the program to teachers employed by school districts defined by
the State Board of Education as financially needy or experiencing a
teacher shortage. Limits eligibility to public school teachers with no
more than 2 years of employment as teachers who commit to teach in
their school district for at least 3 years after their closing date.
Effective July 1, 2002.
FEB-07-2002 S FIRST READING
FEB-07-2002 S REFERRED TO SENATE RULES COMMITTEE RULES
JAN-07-2003 S SESSION SINE DIE
END OF INQUIRY
Full Text Bill Summary