Bill Title: 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.

Spectrum: Bipartisan Bill

Status: (Passed) 2010-05-24 - Public Act . . . . . . . . . 96-0897 [SB3719 Detail]

Text: Latest bill text (Enrolled) [HTML]

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