IFA-AG WORKING CAPITAL LOANS
Summary
Amends the Illinois Finance Authority Act concerning agricultural assistance. Authorizes the Authority to insure and make advance commitments to insure payments on bonds issued for agricultural assistance. Authorizes the Authority to issue State Guarantees to lenders for working capital loans to finance planting and raising agricultural commodities. Sets forth eligibility, application, and renewal requirements. Establishes fees and loan limits. Contains other provisions. Effective immediately.
Bill status
signed
all 5 stages cleared
Introduction
Mar 2010
Committee Review
Apr 2010
Senate Passage
Apr 2010
House Passage
Apr 2010
Signed into Law
May 2010
Introduced Mar 11, 2010
Signed May 24, 2010
Floor votes · Senate Mar 11, 2010 · House Apr 15, 2010
How they voted
52–0
Passed · 2 other
Total votes 54
Mar 11, 2010
D
Democratic34
94% Yea
R
Republican20
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
39
Key actions
8
Committee
8
Amendments
2
May 24, 2010
Signed into law
Governor Approved
upper
Apr 15, 2010
Upper · Passed
Passed Both Houses
upper
Apr 15, 2010
House · Passed
House Vote: pass (101-0-4)
house
Apr 13, 2010
Lower · Passed
Do Pass / Short Debate Agriculture & Conservation Committee; 009-000-000
lower
Mar 22, 2010
Committee
Assigned to Agriculture & Conservation Committee
lower
Mar 11, 2010
Committee
Referred to Rules Committee
lower
Mar 11, 2010
Introduced
Arrived in House
lower
Mar 11, 2010
Senate · Passed
Senate Vote: pass (52-0-2)
senate
Mar 4, 2010
Upper · Passed
Do Pass as Amended State Government and Veterans Affairs; 009-000-000
upper
Mar 4, 2010
Upper · Passed
Senate Committee Amendment No. 1 Adopted
upper
Mar 2, 2010
Upper · Passed
Senate Committee Amendment No. 1 Assignments Refers to State Government and Veterans Affairs
upper
Feb 24, 2010
Committee
Senate Committee Amendment No. 1 Referred to Assignments
upper
Feb 24, 2010
Introduced
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Michael W. Frerichs
upper
Feb 24, 2010
Committee
Assigned to State Government and Veterans Affairs
upper
Feb 11, 2010
Committee
Referred to Assignments
upper
0 primary · 3 co-sponsors
Sponsors
No sponsor information available.
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