FARM DEVELOPMENT-GUARANTEES Senate SponsorsSen. Lawrence M. Walsh and John O. Jones-John M. Sullivan-Patrick Welch House Sponsors(Rep. Dave Winters) 1/11/2005SenateSession Sine Die 20 ILCS 3605/2from Ch. 5, par. 120220 ILCS 3605/12.1from Ch. 5, par. 1212.120 ILCS 3605/12.2from Ch. 5, par. 1212.220 ILCS 3605/12.4from Ch. 5, par. 1212.420 ILCS 3605/12.5Amends the Farm Development Act. Provides that, under certain loan guaranty programs, the State shall be liable for 90% (instead of 85%) of the total principal and interest of the note. Effective immediately.Fiscal Note (Farm Development Authority) No fiscal impact. 2/20/2003SenateFiled with Secretary by Sen. Lawrence M. Walsh 2/20/2003SenateFirst Reading 2/20/2003SenateReferred to Rules 2/27/2003SenateAssigned to Agriculture & Conservation 3/5/2003SenateDo Pass Agriculture & Conservation; 008-000-000 3/5/2003SenatePlaced on Calendar Order of 2nd Reading March 6, 2003 3/5/2003SenateFiscal Note Requested by Sen. Peter J. Roskam 3/6/2003SenateAdded as Co-Sponsor Sen. John O. Jones 3/6/2003SenateAdded as Chief Co-Sponsor Sen. John M. Sullivan 3/20/2003SenateFiscal Note Filed from the Illinois Farm Development Authority 3/21/2003SenateSecond Reading 3/21/2003SenatePlaced on Calendar Order of 3rd Reading March 24, 2003 3/24/2003SenateAdded as Chief Co-Sponsor Sen. Patrick Welch 3/24/2003SenateThird Reading - Passed; 054-000-000 3/25/2003HouseArrived in House 3/25/2003HousePlaced on Calendar Order of First Reading 3/26/2003HouseChief House Sponsor Rep. Dave Winters 3/26/2003HouseFirst Reading 3/26/2003HouseReferred to Rules Committee 1/11/2005SenateSession Sine Die