Illinois HB4687: REPEAL-LOAN DEFAULT ACT

What the bill says

A bill FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026HB4687Introduced , by Rep. La Shawn K. FordSYNOPSIS AS INTRODUCED: ILCS 385/Act rep. 5 ILCS 385/Act rep. ILCS 385/Act rep. Repeals the Educational Loan Default Act. Effective immediately. LRB104 19794 WRO 33244 b LRB104 19794 WRO 33244 b LRB104 19794 WRO 33244 b A BILL FOR HB4687LRB104 19794 WRO 33244 b HB4687 LRB104 19794 WRO 33244 b HB4687 LRB104 19794 WRO 33244 b AN ACT concerning government.

From the introduced text, January 29, 2026:

A BILL FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026HB4687Introduced , by Rep. La Shawn K. FordSYNOPSIS AS INTRODUCED: ILCS 385/Act rep. 5 ILCS 385/Act rep. ILCS 385/Act rep. Repeals the Educational Loan Default Act. Effective immediately. LRB104 19794 WRO 33244 b LRB104 19794 WRO 33244 b LRB104 19794 WRO 33244 b A BILL FOR HB4687LRB104 19794 WRO 33244 b HB4687 LRB104 19794 WRO 33244 b HB4687 LRB104 19794 WRO 33244 b AN ACT concerning government. Be it enacted by the People of the State of Illinois, represented in the General Assembly: (5 ILCS 385/Act rep.) Section 5.The Educational Loan Default Act is repealed. Section 99.Effective date.This Act takes effect upon becoming law.

Read the full official text

Sponsors

• La Shawn K. Ford (D, 8) · primary sponsor
• Carol Ammons (D, 103)
• Paul Faraci (D, 52) · primary sponsor
• Mary Edly-Allen (D, 31)
• Mattie Hunter (D, 3)
• David Koehler (D, 46)

Latest actions

1. July 31, 2026: Public Act . . . . . . . . . 104-0672
2. July 31, 2026: Effective Date July 31, 2026
3. July 31, 2026: Governor Approved
4. June 18, 2026: Sent to the Governor
5. June 1, 2026: Added as Alternate Co-Sponsor Sen. Mattie Hunter
6. May 31, 2026: Added as Alternate Co-Sponsor Sen. David Koehler
7. May 31, 2026: Added as Alternate Co-Sponsor Sen. Mary Edly-Allen
8. May 21, 2026: Passed Both Houses
9. May 21, 2026: Third Reading - Passed; 058-001-000
10. May 19, 2026: Placed on Calendar Order of 3rd Reading **

Votes

• Third Reading - Passed (May 21, 2026): 58 yea, 1 nay, passed
• Do Pass State Government (May 6, 2026): 10 yea, 0 nay, passed
• Third Reading - Short Debate - Passed (April 14, 2026): 106 yea, 0 nay, passed
• Do Pass / Short Debate Higher Education Committee (March 25, 2026): 10 yea, 0 nay, passed

Common questions

What is HB4687?

HB4687 is a bill in the Illinois Legislature (104th General Assembly): REPEAL-LOAN DEFAULT ACT.

What does HB4687 do?

In its own words: A bill FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026HB4687Introduced , by Rep. La Shawn K. FordSYNOPSIS AS INTRODUCED: ILCS 385/Act rep. 5 ILCS 385/Act rep. ILCS 385/Act rep. Repeals the Educational Loan Default Act. Effective immediately. LRB104 19794 WRO 33244 b LRB104 19794 WRO 33244 b LRB104 19794 WRO 33244 b A BILL FOR HB4687LRB104 19794 WRO 33244 b HB4687 LRB104 19794 WRO 33244 b HB4687 LRB104 19794 WRO 33244 b AN ACT concerning government.

What is the status of HB4687?

Signed into law as of July 31, 2026. Latest action: Public Act . . . . . . . . . 104-0672 (July 31, 2026).

Who sponsored HB4687?

La Shawn K. Ford (D, 8), with 5 co-sponsors.

Where is the official record for HB4687?

On the Illinois Legislature website: https://www.ilga.gov/Legislation/BillStatus?DocNum=4687&GAID=18&DocTypeID=HB&SessionID=114