Illinois Statutes
§ 2705-617
Illinois·Topic GOVERNMENT·Ch. 20 EXECUTIVE BRANCH·Act 20 ILCS 2705/ Civil Administrative Code of Illinois. (Department of Transportation Law)
Student loan repayment assistance for engineers pilot program. The Department shall provide higher education student loan repayment assistance in the form of an annual after-tax bonus of $15,000 per year, for not more than 4 years, for up to 50 engineers employed by the Department, subject to the following:
(1)the engineer is a graduate of a college or university located in this State;
(2)the engineer provides documentation to the Department of the repayment of higher education student loans taken to attend a college or university located in this State;
(3)the engineer has been employed by the Department for at least 4 years; and (4) the engineer was hired by the Department on or after July 1, 2024.
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Legislative History
(Source: P.A. 103-8, eff. 6-7-23.)
Nearby Sections
15
§ 2705-1
Article short title§ 2705-10
§ 2705-10§ 2705-100
§ 2705-100§ 2705-105
§ 2705-105§ 2705-110
§ 2705-110§ 2705-115
§ 2705-115§ 2705-120
§ 2705-120§ 2705-125
§ 2705-125§ 2705-15
§ 2705-15§ 2705-175
§ 2705-175§ 2705-200
§ 2705-200§ 2705-203
§ 2705-203§ 2705-205
§ 2705-205§ 2705-207
(Repealed)§ 2705-210
§ 2705-210