Illinois 94th Regular Session Status: In Committee

SB 422 — FINANCE AUTH-FARM LOANS

Last action — Session Sine Die

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 94th Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Amends the Illinois Finance Authority Act. Provides that the Illinois Finance Authority must maintain the level of bond funding for all functions and programs that were operated under the Illinois Farm Development Act and the Rural Bond Bank Act that existed before the Illinois Finance Authority assumed the rights, powers, and duties of the Illinois Farm Development Authority and the Rural Bond Bank. Effective immediately.

Bill Text

Action History

  1. Session Sine Die

  2. Rule 3-9(a) / Re-referred to Rules

  3. Assigned to Executive

  4. Referred to Rules

  5. First Reading

  6. Filed with Secretary by Sen. Todd Sieben

Sponsors

  • Todd Sieben · Cosponsor

Sponsorship breakdown

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0 sponsors · 1 co-sponsors · 182 not signed on

Sponsors (0)

None.

Co-sponsors (1)

  • Todd Sieben

Not signed on (182)

182 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Subjects

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Frequently asked questions

What does SB 422 do?
Amends the Illinois Finance Authority Act. Provides that the Illinois Finance Authority must maintain the level of bond funding for all functions and programs that were operated under the Illinois Farm Development Act and the Rural Bond Bank Act that existed before the Illinois Finance Authority assumed the rights, powers, and duties of the Illinois Farm Development Authority and the Rural Bond Bank. Effective immediately.
Who sponsors SB 422?
SB 422 is sponsored by Todd Sieben.
What is the current status of SB 422?
This bill died with 94th Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 422?
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Last checked for changes 3 months ago · updated continuously

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