IFA-AG GUARANTEE-RAISE LIMIT House SponsorsRep. C.D. Davidsmeyer 12/3/2014HouseSession Sine Die 20 ILCS 3501/830-2020 ILCS 3501/830-3020 ILCS 3501/830-3520 ILCS 3501/830-45 Amends the Illinois Finance Authority Act. In Sections concerning State guarantees for loans to farmers, provides that the total amount of the guarantees shall not exceed $2,000,000 per farmer (instead of $500,000). Provides that guarantees may be made if the farmer's net worth does not exceed $2,000,000 (instead of $500,000). In a Section concerning guarantees for existing debt, provides that the Illinois Agricultural Loan Guarantee Fund shall guarantee receipt of payment of 90% (instead of 85%) of the principal and interest owed on the State Guarantee Loan by the farmer to the guarantee holder. Effective immediately. 2/22/2013HouseFiled with the Clerk by Rep. C.D. Davidsmeyer 2/26/2013HouseFirst Reading 2/26/2013HouseReferred to Rules Committee 3/4/2013HouseAssigned to Executive Committee 3/22/2013HouseRule 19(a) / Re-referred to Rules Committee 12/3/2014HouseSession Sine Die