Senate Sponsors: LUECHTEFELD-WOOLARD-BOWLES-WALSH,L-O'DANIEL, WATSON AND MYERS. House Sponsors: HARTKE-REITZ-BOST-LAWFER Short description: AG-FARM PRODUCTS ECON DEVELOP Synopsis of Bill as introduced: Creates the Illinois Farm Products Economic Development Act. Provides that the Director of Agriculture shall make cash payments to Illinois grain processors that use corn to make ethyl alcohol and other products. Sets the amount of payment at 30 cents per bushel for each bushel used in a grain-processing center that began production after January 1, 2001. Provides that payments may be made only during the first 5 years of operation. Establishes a claims procedure and requires audits of the claims made. Requires the Department of Agriculture to promulgate emergency and permanent rules to implement the Act. Provides that the Act is repealed on January 1, 2010, at which time the remaining unobligated balance shall revert to the General Revenue Fund. Makes other provisions. Effective immediately. SENATE AMENDMENT NO. 1. Provides that the Director of Agriculture shall make cash payments under the Illinois Farm Products Economic Development Act to processors in this State that use corn to make ethyl alcohol and other alternative fuels made with corn-based products (now, to make ethyl alcohol and other products). Sets a cap of $6,000,000 for total payments made in any one fiscal year under the Act. SENATE AMENDMENT NO. 2. Changes "other products" to "other alternative fuels made with corn-based products" in another place in the bill. HOUSE AMENDMENT NO. 1. Deletes reference to: New Act Adds reference to: 505 ILCS 40/2 from Ch. 5, par. 702 Deletes everything after the enacting clause. Amends the Illinois Corn Marketing Act. Makes technical changes in a Section concerning the short title of the Act. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 2 END OF INQUIRY Full Text Bill Status