GRANBERG-LANG-SMITH,MICHAEL-DART-HAMOS, NOVAK, BOLAND, WOOLARD AND WINTERS. (WATSON) New Act Creates the Land Banking Beneficial Disclosure Act. Provides that no agreement or understanding of any kind may be made or entered into by any department or agency of the State of Illinois with a trustee or beneficiary of a land trust, when the land is intended for use as a correctional facility or for airport purposes, until the beneficial interests in the property or land trust have been fully disclosed in a written statement to the department or agency. Requires the disclosure statement to identify each beneficiary and define his or her interest. Requires the trustee to file the disclosure statement with the recorder of deeds. Effective immediately. FISCAL NOTE (Dept. of Agriculture) HB63 will have no direct fiscal impact on the Department. HOUSE AMENDMENT NO. 1. Adds reference to: 30 ILCS 105/5.490 new 30 ILCS 105/8.36 new 620 ILCS 5/34b new Amends the Illinois Aeronautics Act to allow the Department of Transportation to make loans from the Airport Land Loan Revolving Fund to certain public airport owners for the purchase of real estate needed for essential airport purposes. Provides that repayment of the loans shall be deposited into the Fund. Specifies certain contractual terms of the loan and default penalties and procedures for the loan. Amends the State Finance Act to create the Airport Land Loan Revolving Fund. HOUSE AMENDMENT NO. 2. Further amends the Illinois Aeronautics Act to provide that the Department of Transportation may make loans to public airport owners, outside of the counties of Lake, Cook, Will, Kane, and DuPage (instead of outside the area of operation of the Northeastern Illinois Metropolitan Area Planning Commission). HOUSE AMENDMENT NO. 3. Deletes the substance of House Amendment No. 1. Amends the Illinois Aeronautics Act to provide that loans to public airport authorities for the purchase of land (within a one-half mile radius of an existing airport) from the Airport Land Loan Revolving Fund shall only be made to units of local governments or public airport authorities that currently operate an airport and are in existence on January 1, 1999. Provides that the Department of Transportation may make loans to units of local government or public airport authorities that are in existence as of January 1, 1999 (instead of those that are in existence as of the effective date of this amendatory Act and that operate outside the area of operation of the Northeastern Illin- ois Metropolitan Area Planning Commission). Effective immediately. HOUSE AMENDMENT NO. 6. Deletes reference to: New Act Deletes everything and reinserts the bill as amended by House Amendments No. 1 and No. 2 and removes all of the provisions created by the Land Banking Beneficial Disclosure Act. Effective immediately. SENATE AMENDMENT NO. 1. Removes the condition that the loans be made only to public airport owners outside of the counties of Lake, Cook, Will, Kane, and DuPage. Provides that loans may be made only to public airport owners that are operating an airport as of January 1, 1999. Provides that loans may not be made for airports that provide scheduled commercial air service in counties of greater than 5,000,000 population. Allows the Department of Transportation to promulgate rules to implement the loan program. Makes other changes. 98-12-17 H PREFILED WITH CLERK 99-01-14 H FIRST READING 99-01-14 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-01-26 H ADDED AS A JOINT SPONSOR LANG 99-01-27 H ASSIGNED TO COMMITTEE AGRIC CONSERV 99-02-04 H ADDED AS A CO-SPONSOR SMITH,MICHAEL 99-02-04 H ADDED AS A CO-SPONSOR DART 99-02-08 H FISCAL NOTE FILED 99-02-08 H COMMITTEE AGRIC CONSERV 99-02-11 H JOINT-SPONSOR CHANGED TO HAMOS 99-02-25 H AMENDMENT NO. 01-AGRICULTURE H 99-02-25 H ADOPTED 99-02-25 H DO PASS AMENDED/SHORT DEBATE 017-000-000 HAGC 99-02-25 H PLACED CALENDAR 2ND READING-SHORT DEBATE 99-02-25 H ADDED AS A CO-SPONSOR NOVAK 99-03-01 H ADDED AS A CO-SPONSOR BOLAND 99-03-01 H ADDED AS A CO-SPONSOR BOST 99-03-01 H ADDED AS A CO-SPONSOR WOOLARD 99-03-03 H AMENDMENT NO. 02-FRANKS 99-03-03 H AMENDMENT REFERRED TO HRUL 99-03-03 H CALENDAR ORDER 2ND READING-SHORT DEBATE 99-03-16 H AMENDMENT NO. 03-GRANBERG 99-03-16 H AMENDMENT REFERRED TO HRUL 99-03-16 H SECOND READING-SHORT DEBATE 99-03-16 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 99-03-18 H AMENDMENT NO. 02-FRANKS 99-03-18 H RECOMMENDS BE ADOPTED HRUL/003-002-000 99-03-18 H AMENDMENT NO. 03-GRANBERG 99-03-18 H RECOMMENDS BE ADOPTED HRUL/003-002-000 99-03-18 H AMENDMENT NO. 02-FRANKS 99-03-18 H ADOPTED 99-03-18 H AMENDMENT NO. 03-GRANBERG 99-03-18 H ADOPTED 99-03-18 H AMENDMENT NO. 04-BIGGINS 99-03-18 H AMENDMENT REFERRED TO HRUL 99-03-18 H AMENDMENT NO. 05-BIGGINS 99-03-18 H AMENDMENT REFERRED TO HRUL 99-03-18 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 99-03-19 H RECALLED TO SECOND READING-SHORT DEBATE 99-03-19 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 99-03-22 H AMENDMENT NO. 06-GRANBERG 99-03-22 H AMENDMENT REFERRED TO HRUL 99-03-22 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 99-03-23 H AMENDMENT NO. 06-GRANBERG 99-03-23 H RECOMMENDS BE ADOPTED HRUL 99-03-23 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 99-03-24 H AMENDMENT NO. 06-GRANBERG 99-03-24 H ADOPTED 99-03-24 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 99-03-25 H TABLED PURSUANT TO RULE 40(a) HOUSE AMEND #4 & 5 99-03-25 H THIRD READING/SHORT DEBATE/PASSED 078-031-001 99-03-26 S ARRIVE IN SENATE 99-03-26 S PLACED CALENDAR ORDER OF FIRST READING 99-04-14 99-04-20 S CHIEF SPONSOR WATSON 99-04-20 S FIRST READING 99-04-20 S REFERRED TO SENATE RULES COMMITTEE RULES 99-04-28 S ASSIGNED TO COMMITTEE ST GOVERN OPR 99-05-06 S DO PASS 007-000-000 SGOA 99-05-06 S PLACED ON CALENDAR ORDER OF 2ND READING 99-05-07 99-05-07 S SECOND READING 99-05-07 S PLACED ON CALENDAR ORDER OF 3RD READING 99-05-11 99-05-12 S FILED WITH SECRETARY 99-05-12 S AMENDMENT NO. 01-WATSON 99-05-12 S AMENDMENT REFERRED TO SRUL 99-05-13 S AMENDMENT NO. 01-WATSON 99-05-13 S BE APPROVED FOR CONSIDERATION SRUL 99-05-13 S RECALLED TO SECOND READING 99-05-13 S AMENDMENT NO. 01-WATSON 99-05-13 S ADOPTED 99-05-13 S PLACED ON CALENDAR ORDER OF 3RD READING 99-05-14 99-05-14 S THIRD READING - PASSED 058-000-000 99-05-14 H ARRIVE IN HOUSE 99-05-14 H PLACED ON CALENDAR ORDER OF CONCURRENCE 01 99-05-20 H MOTION FILED CONCUR 01/GRANBERG 99-05-20 H MOTION REFERRED TO HRUL 99-05-20 H CALENDAR ORDER OF CONCURRENCE 01 99-05-21 H BE APPROVED FOR CONSIDERATION 01/HRUL 99-05-21 H ADDED AS A CO-SPONSOR WINTERS 99-05-21 H HSE CONCURS IN SEN AMENDMENTS (NO.) 01/115-000-001 99-05-21 H PASSED BOTH HOUSES 99-06-18 H SENT TO THE GOVERNOR 99-08-14 H GOVERNOR APPROVED 99-08-14 H EFFECTIVE DATE 99-08-14 99-08-14 H PUBLIC ACT.............................. 91-0543 END OF INQUIRY Full Text Bill Summary