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95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008 HB2829
Introduced 2/26/2007, by Rep. Tom Cross SYNOPSIS AS INTRODUCED: |
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Amends the Grain Code. Makes a technical change in a Section concerning
rules
adopted to implement the Code.
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A BILL FOR
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HB2829 |
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LRB095 06437 RCE 26538 b |
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| AN ACT concerning warehouses.
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| Be it enacted by the People of the State of Illinois, |
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| represented in the General Assembly:
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| Section 5. The Grain Code is amended by changing Section |
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| 1-25 as follows:
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| (240 ILCS 40/1-25)
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| Sec. 1-25. Rules. The
The Department may
promulgate rules |
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| that are necessary
for the implementation and administration of |
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| this Code. |
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| The Department shall adopt rules governing electronic |
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| systems under which
electronic warehouse receipts may be issued |
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| and transferred. Licensees shall
not be required, however, to |
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| issue or use electronic warehouse receipts. These
rules shall |
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| be adopted after the United States Department of Agriculture |
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| adopts
regulations concerning an electronic receipt transfer |
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| system pursuant to 7
U.S.C. 242, 250.
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| (Source: P.A. 93-225, eff. 7-21-03.)
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