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---
type: "Bill"
title: "IFA-AG WORKING CAPITAL LOANS"
description: "Amends the Illinois Finance Authority Act concerning agricultural assistance. Authorizes the Authority to insure and make advance commitments to insure payments on bonds issued for agricultural assistance. Authorizes the Authority to issue State Guarantees to lenders for working capital loans to finance planting and raising agricultural commodities. Sets forth eligibility, application, and renewal requirements. Establishes fees and loan limits. Contains other provisions. Effective immediately."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "96th"
identifier: "SB 3719"
citation: "Illinois SB 3719 (96th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 37
vote_count: 2
first_action: "2010-02-11"
last_action: "2010-05-24"
source: "openstates"
source_identifier: "ocd-bill/12f89f17-ff57-4209-a91a-abc5c5ffcd4a"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=3719&GAID=10&DocTypeID=SB&LegId=51911&SessionID=76&GA=96"
source_hash: "9210b331f5771fea38385f6d1afd284c6bb94adf4f24cb54d9713c2e1ef3cff0"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-il"]
---
# Illinois SB 3719 (96th) — IFA-AG WORKING CAPITAL LOANS
Amends the Illinois Finance Authority Act concerning agricultural assistance. Authorizes the Authority to insure and make advance commitments to insure payments on bonds issued for agricultural assistance. Authorizes the Authority to issue State Guarantees to lenders for working capital loans to finance planting and raising agricultural commodities. Sets forth eligibility, application, and renewal requirements. Establishes fees and loan limits. Contains other provisions. Effective immediately.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB3719&GA=96&SessionId=76&DocTypeId=SB&LegID=51911&DocNum=3719&GAID=10&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB3719eng&GA=96&SessionId=76&DocTypeId=SB&LegID=51911&DocNum=3719&GAID=10&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB3719enr&GA=96&SessionId=76&DocTypeId=SB&LegID=51911&DocNum=3719&GAID=10&Session=&print=true)
## Votes
- Third Reading — **570** (pass) · upper
- Third Reading — **1120** (pass) · lower
## Sponsors
- Kay Hatcher — cosponsor (person)
- Michael W. Frerichs — primary (person)
- William B. Black — cosponsor (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2010-02-11** Filed with Secretary by Sen. Michael W. Frerichs `filing`
- **2010-02-11** First Reading `reading-1`
- **2010-02-11** Referred to Assignments `referral-committee`
- **2010-02-24** Assigned to State Government and Veterans Affairs `referral-committee`
- **2010-02-24** Senate Committee Amendment No. 1 Filed with Secretary by Sen. Michael W. Frerichs `amendment-introduction`
- **2010-02-24** Senate Committee Amendment No. 1 Referred to Assignments `referral-committee`
- **2010-03-02** Senate Committee Amendment No. 1 Assignments Refers to State Government and Veterans Affairs
- **2010-03-04** Senate Committee Amendment No. 1 Adopted `amendment-passage`
- **2010-03-04** Do Pass as Amended State Government and Veterans Affairs; 009-000-000 `committee-passage`
- **2010-03-04** Placed on Calendar Order of 2nd Reading March 9, 2010
- **2010-03-10** Second Reading `reading-2`
- **2010-03-10** Placed on Calendar Order of 3rd Reading March 11, 2010
- **2010-03-11** Added as Co-Sponsor Sen. Kyle McCarter
- **2010-03-11** Third Reading - Passed; 057-000-001 `reading-3, passage`
- **2010-03-11** Arrived in House `introduction`
- **2010-03-11** Chief House Sponsor Rep. John E. Bradley
- **2010-03-11** Placed on Calendar Order of First Reading `reading-1`
- **2010-03-11** First Reading `reading-1`
- **2010-03-11** Referred to Rules Committee `referral-committee`
- **2010-03-22** Assigned to Agriculture & Conservation Committee `referral-committee`
- **2010-04-13** Added Alternate Co-Sponsor Rep. William B. Black
- **2010-04-13** Do Pass / Short Debate Agriculture & Conservation Committee; 009-000-000 `committee-passage`
- **2010-04-13** Placed on Calendar 2nd Reading - Short Debate
- **2010-04-14** Second Reading - Short Debate `reading-2`
- **2010-04-14** Placed on Calendar Order of 3rd Reading - Short Debate
- **2010-04-15** Third Reading - Short Debate - Passed 112-000-000 `reading-3, passage`
- **2010-04-15** Passed Both Houses
- **2010-04-15** Added Alternate Chief Co-Sponsor Rep. Jack D. Franks
- **2010-04-15** Added Alternate Chief Co-Sponsor Rep. Keith Farnham
- **2010-04-15** Added Alternate Chief Co-Sponsor Rep. Linda Chapa LaVia
- **2010-04-15** Alternate Chief Co-Sponsor Changed to Rep. Jack D. Franks
- **2010-04-15** Alternate Chief Co-Sponsor Changed to Rep. Linda Chapa LaVia
- **2010-04-15** Added Alternate Co-Sponsor Rep. Kay Hatcher
- **2010-05-14** Sent to the Governor `executive-receipt`
- **2010-05-24** Governor Approved `executive-signature`
- **2010-05-24** Effective Date May 24, 2010
- **2010-05-24** Public Act . . . . . . . . . 96-0897 `became-law`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/12f89f17-ff57-4209-a91a-abc5c5ffcd4a`. Confidence: reported (aggregated from official Illinois legislature records).