SMITH,MICHAEL-BLACK-REITZ-FOWLER-O'BRIEN, WAIT, MOFFITT, NOVAK, BOST, MYERS,RICHARD, MITCHELL,BILL, LAWFER, JONES,JOHN, WINTERS, MITCHELL,JERRY, RIGHTER AND BOLAND. (LUECHTEFELD) 20 ILCS 3605/11 from Ch. 5, par. 1211 Amends the Illinois Farm Development Act. Increases to $350,000,000 (now, $300,000,000) the aggregate principal amount of bonds that the Illinois Farm Development Authority may issue. Effective immediately. FISCAL NOTE (Farm Development Authority) In its orginal form, this bill will have no fiscal impact; but, if amended to expand the guarantee umbrella for loans, the fiscal impact to the State in the short run will be zero and over time would be estimated at less than 3% of the total of loans approved. SENATE AMENDMENT NO. 1. Further amends the Illinois Farm Development Act. Deletes the increase in the aggregate principal amount of bonds that the Illinois Farm Development Authority may issue. Increases to $75,000,000 (now, $50,000,000) the aggregate principal amount of State Guarantees for the purposes of loans to farmers and agribusiness, the Young Farmer Loan Guarantee Program, and the Specialized Livestock Guarantee Program that the Authority may have outstanding at any one time. 99-02-18 H FIRST READING 99-02-18 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-02-24 H ASSIGNED TO COMMITTEE AGRIC CONSERV 99-03-02 H FISCAL NOTE FILED 99-03-02 H COMMITTEE AGRIC CONSERV 99-03-03 H DO PASS/SHORT DEBATE 017-000-000 HAGC 99-03-03 H PLACED CALENDAR 2ND READING-SHORT DEBATE 99-03-16 H SECOND READING-SHORT DEBATE 99-03-16 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 99-03-17 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 99-03-18 H ADDED AS A JOINT SPONSOR BLACK 99-03-18 H ADDED AS A CO-SPONSOR WAIT 99-03-18 H ADDED AS A CO-SPONSOR MOFFITT 99-03-18 H ADDED AS A CO-SPONSOR CURRY,JULIE 99-03-18 H ADDED AS A CO-SPONSOR NOVAK 99-03-19 H THIRD READING/SHORT DEBATE/PASSED 118-000-000 99-03-22 S ARRIVE IN SENATE 99-03-22 S PLACED CALENDAR ORDER OF FIRST READING 99-03-23 99-03-22 H ADDED AS A CO-SPONSOR BOST 99-03-23 S CHIEF SPONSOR LUECHTEFELD 99-03-23 S FIRST READING 99-03-23 S REFERRED TO SENATE RULES COMMITTEE RULES 99-04-14 S ASSIGNED TO COMMITTEE AGRIC & CON 99-04-21 S POSTPONED 99-04-28 S POSTPONED 99-05-05 S AMENDMENT NO. 01-AGRICULTURE S 99-05-05 S ADOPTED 99-05-05 S DO PASS AS AMENDED 008-000-000 SAGR 99-05-05 S PLACED ON CALENDAR ORDER OF 2ND READING 99-05-06 99-05-07 S SECOND READING 99-05-07 S PLACED ON CALENDAR ORDER OF 3RD READING 99-05-11 99-05-11 S THIRD READING - PASSED 057-000-001 99-05-12 H ARRIVE IN HOUSE 99-05-12 H PLACED ON CALENDAR ORDER OF CONCURRENCE 01 99-05-14 H ADDED AS A CO-SPONSOR MYERS,RICHARD 99-05-14 H ADDED AS A CO-SPONSOR MITCHELL,BILL 99-05-14 H ADDED AS A CO-SPONSOR LAWFER 99-05-14 H ADDED AS A CO-SPONSOR WIRSING 99-05-14 H ADDED AS A CO-SPONSOR JONES,JOHN 99-05-14 H ADDED AS A CO-SPONSOR WINTERS 99-05-14 H ADDED AS A CO-SPONSOR MITCHELL,JERRY 99-05-14 H ADDED AS A CO-SPONSOR RIGHTER 99-05-14 H ADDED AS A CO-SPONSOR BOLAND 99-05-21 H MOTION FILED CONCUR 01/SMITH,MICHAEL 99-05-21 H MOTION REFERRED TO HRUL 99-05-21 H CALENDAR ORDER OF CONCURRENCE 01 99-05-25 H RULES REFERS TO HAGC 99-05-25 H BE APPROVED FOR CONSIDERATION 1/HAGC/013-000-000 99-05-25 H ADDED AS A JOINT SPONSOR REITZ 99-05-25 H ADDED AS A JOINT SPONSOR FOWLER 99-05-25 H ADDED AS A JOINT SPONSOR O'BRIEN 99-05-25 H HSE CONCURS IN SEN AMENDMENTS (NO.) 01/113-001-000 99-05-25 H PASSED BOTH HOUSES 99-06-23 H SENT TO THE GOVERNOR 99-08-19 H GOVERNOR APPROVED 99-08-19 H EFFECTIVE DATE 99-08-19 99-08-19 H PUBLIC ACT.............................. 91-0611 END OF INQUIRY Full Text Bill Summary