IFA-DISTRESSED PROVIDERS Senate SponsorsSen. Jeffrey M. Schoenberg 1/12/2011SenateSession Sine Die 15 ILCS 405/10.05c new20 ILCS 3501/845-520 ILCS 3501/Art. 841 heading new20 ILCS 3501/841-5 new20 ILCS 3501/841-10 new20 ILCS 3501/841-15 new20 ILCS 3501/841-20 new20 ILCS 3501/841-25 new20 ILCS 3501/841-30 new20 ILCS 3501/841-35 new20 ILCS 3501/841-40 new20 ILCS 3501/841-45 new30 ILCS 105/5.756 new30 ILCS 105/6z-82 new35 ILCS 130/2from Ch. 120, par. 453.2Amends the Illinois Finance Authority Act and the State Finance Act. Provides that the Illinois Finance Authority must establish a financially distressed provider revolving loan program. Provides that the Authority may issue bonds in an aggregate principal amount not to exceed $300,000,000 for the purpose of providing short-term, no-interest loans to qualified health care and human services providers. Provides that certain amounts shall be transferred from cigarette tax receipts into the Financially Distressed Provider Debt Service Fund, and amends the State Finance Act to create the Financially Distressed Provider Debt Service Fund. Amends the Cigarette Tax Act to make conforming changes. Amends the State Comptroller Act to provide that delinquent loan amounts may be offset from warrants. Effective immediately. 2/9/2010SenateFiled with Secretary by Sen. Jeffrey M. Schoenberg 2/9/2010SenateFirst Reading 2/9/2010SenateReferred to Assignments 2/24/2010SenateAssigned to Executive 3/8/2010SenatePostponed - Executive 3/8/2010SenateRule 3-9(a) / Re-referred to Assignments 1/12/2011SenateSession Sine Die