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Code · Illinois · Chapter 110 — HIGHER EDUCATION · Act 991

Sec. 20. Earnings from Student Investment Account.

89 words·~1 min read·/il/chapter-110/act-991/20

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Sec. 20. Earnings from Student Investment Account. Earnings on the investments in the Student Investment Account may be reinvested into the Student Investment Account without being counted against the 5% cap under Section 15. Net earnings on investments under this Act that are not reinvested shall be deposited in the same manner as interest is deposited under Section 4.1 of the State Finance Act. The General Assembly shall prioritize any such funds deposited into the General Revenue Fund towards appropriations to support higher education in the State of Illinois.
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