This morning, ISBE announced that after careful consideration, they will allow cooperatives the option of submitting a request for a 6-month extension to meeting these new procedural guidelines. If granted, the timeline would be extended until December 31, 2019.
ISBE's preference remains that all cooperatives are compliant with the new procedures by June 30, 2019. However, for those cooperatives who do not feel this is possible, the extension will allow for a delayed implementation. The specific guidelines and process that will need to be followed to request the extension are still under development.
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