StateIllinoisIntroduced
SB 3019: FINANCE-AGRICULTURAL BORROWER
Celina Villanueva
SB 3019 status: Introduced — Added as Co-Sponsor Sen. Mary Edly-Allen (updated Jun 30, 2026).
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Bill summary
Amends the Illinois Finance Authority Act. Provides that the maximum amount of notes or bonds that may be issued by the Illinois Finance Authority for any one agricultural real estate borrower may be increased by a higher amount than currently allowed if a higher amount is permitted by statute or regulation. In provisions concerning agricultural assistance loans, removes provisions providing that no proceeds from any bonds issued by the Illinois Finance Authority shall be loaned for the purch...
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