Bill > HB1013

This bill makes a technical amendment to the Grain Code's Section 1-5, specifically in the Purpose section. The modification appears to be a minor grammatical change, removing and reinserting the word "the" in a sentence describing the purpose of the Grain Code. The bill reaffirms the existing goal of promoting agricultural economic stability through the Illinois Grain Insurance Fund, which protects producers in case a licensed grain dealer or warehouseman fails. The purpose remains to ensure that persons with valid claims can be compensated for losses and to maintain a coordinated regulatory structure for the grain industry, which is considered a significant part of the state's economy. The bill emphasizes that the Grain Code should be interpreted and administered liberally in favor of claimants, with the ultimate aim of supporting the economic health of Illinois.

Government Affairs

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1013&GAID=18&DocTypeID=HB&SessionID=114&GA=104