Legislative Update 2
The Illinois legislature returns July 14th to try to resolve the state budget crisis. No one knows what to expect but state agencies including the Dept of Ag could be in for major budget cuts if something is not accomplished. At the federal level, it appears that debate in the US Senate on the cap and trade climate bill will be delayed until this fall. The ag input industry is opposed to the cap and trade legislation due to its detrimental impact on fertilizer manufacturing and increased costs to producers for ag inputs. The Fertilizer Institute has an excellent information piece on how the cap and trade bill impacts our industry. Go to www.ifca.com and see the TFI documents posted on the website; it takes a moment to download. Senators Durbin and Burris need to hear from you regarding our industry's opposition to this legislation.