SALE OF ISAC LOANS PROHIBITED House SponsorsRep. Richard P. Myers-Chapin Rose 1/9/2007HouseSession Sine Die 20 ILCS 3005/3.5 new110 ILCS 947/140 Amends the Governor's Office of Management and Budget Act and the Higher Education Student Assistance Act. Provides that the Illinois Student Assistance Commission may not sell its loans or the attendant loan origination and servicing rights nor may any other State agency, including the Governor's Office of Management and Budget, or a State official sell the loans or the attendant loan origination and servicing rights. Provides that all student loans of the Commission and the attendant loan origination and servicing rights are inalienable and must remain as assets of the Commission. Effective immediately. 2/24/2006HouseFiled with the Clerk by Rep. Richard P. Myers 2/24/2006HouseChief Co-Sponsor Rep. Chapin Rose 2/24/2006HouseFirst Reading 2/24/2006HouseReferred to Rules Committee 1/9/2007HouseSession Sine Die