House Sponsors: SMITH,MICHAEL-POE-BLACK-BOLAND-LAWFER, O'BRIEN, REITZ, FOWLER AND BOST. Senate Sponsors: MADIGAN,R Short description: FARM DEV-ST GUARANTEE PROGRAM Synopsis of Bill as introduced: Amends the Illinois Farm Development Act. Provides that the Illinois Farm Development Authority may transfer to the Illinois Agricultural Loan Guarantee Fund such amounts as are necessary to satisfy claims (now no more than $45,000,000). Provides that the Authority may transfer from available appropriations and the Farm Emergency Fund such amounts as are necessary to satisfy claims (now no more than $15,000,000). Provides that the Authority may make rules concerning the State Guarantee Program under certain emergency conditions. Makes other changes. FISCAL NOTE (Farm Development Authority) There will be no additional cost to the State. Last action on Bill: PUBLIC ACT.............................. 91-0386 Last action date: 99-07-30 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status