Sec. 2. The General Assembly has found and determined and does hereby declare that: (a) a strong farm economy is essential to the overall fiscal health of the State of.
95 words·~1 min read·
/il/chapter-20/act-3610/2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 2. The General Assembly has found and determined and does hereby declare that:
(a)a strong farm economy is essential to the overall fiscal health of the State of Illinois;
(b)farmers in Illinois are currently facing an economic crisis of unprecedented proportion caused in part by high credit costs and low commodity prices;
(c)there is a serious lack of farm operating credit at affordable costs to farmers in Illinois; and
(d)the State of Illinois can assist in alleviating this severe credit need by granting payment adjustments to significantly reduce interest costs.