Bill > HB2208

This bill makes a technical amendment to the Grain Code by slightly modifying Section 1-5, which describes the purpose of the code. Specifically, the bill removes and replaces the word "the" in a single location within the section's opening sentence, which appears to be a minor grammatical correction. The underlying purpose of the Grain Code remains unchanged: to promote the state's agricultural economic stability through the Illinois Grain Insurance Fund, which protects producers in case a licensed grain dealer or warehouseman fails. The code aims to ensure compensation for valid claims and create a regulatory structure that allows the grain industry to operate competitively and profitably. The bill emphasizes that the Grain Code should be interpreted broadly in favor of claimants and recognizes the significant role of the grain industry in Illinois' economic health.

Government Affairs

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2208&GAID=18&DocTypeID=HB&SessionID=114&GA=104