Bill Status of HB 4817   94th General Assembly


Short Description:  FINANCE AUTHORITY-LOAN PROGRAM

House Sponsors
Rep. Jim Sacia

Last Action  View All Actions

DateChamber Action
  1/18/2006HouseReferred to Rules Committee

Statutes Amended In Order of Appearance
20 ILCS 3501/830-35
20 ILCS 3501/830-55 new

Synopsis As Introduced
Amends the Illinois Finance Authority Act. Creates the Manure Management Guarantee Program. Provides that the Illinois Finance Authority is authorized to issue State Guarantees, secured by the Illinois Farmer and Agribusiness Loan Guarantee Fund, to lenders for loans to finance or refinance certain manure management programs for farmers who do not qualify for the federal Environmental Quality Initiatives Program. Provides that Guarantees may not exceed $15,000 per applicant and may be no longer than 5 years in duration. Contains provisions for the administration of the the program. Effective immediately.

Actions 
DateChamber Action
  1/18/2006HouseFiled with the Clerk by Rep. Jim Sacia
  1/18/2006HouseFirst Reading
  1/18/2006HouseReferred to Rules Committee

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