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<xml>
<title>Illinois General Assembly - Bill Status for SB 1559   </title>
<shortdesc>AGRICULTURE-TECH</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Lawrence M. Walsh-Emil Jones, Jr., John O. Jones, Dale E. Risinger, Todd Sieben, Dan Cronin, Bill Brady, J. Bradley Burzynski-John M. Sullivan, Christine Radogno-Gary Forby, Larry K. Bomke and Dan Rutherford</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Frank J. Mautino-Rich Brauer-Richard P. Myers-Art Tenhouse-Mike Bost)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>505 ILCS 5/1</reference><aliasreference>from Ch. 5, par. 1001</aliasreference><SynopsisText>Amends the Agricultural Areas Conservation and Protection Act. Makes technical changes in a Section concerning the short title.</SynopsisText><synopsistitle>House Amendment No. 2</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>505 ILCS 5/1</reference><aliasreference></aliasreference><reftype>Adds reference to:</reftype><reference>20 ILCS 690/2</reference><aliasreference>from Ch. 5, par. 2252</aliasreference><reference>20 ILCS 690/3</reference><aliasreference>from Ch. 5, par. 2253</aliasreference><reference>20 ILCS 690/4</reference><aliasreference>from Ch. 5, par. 2254</aliasreference><reference>20 ILCS 690/5</reference><aliasreference>from Ch. 5, par. 2255</aliasreference><reference>20 ILCS 3501/801-5</reference><aliasreference></aliasreference><reference>20 ILCS 3501/801-10</reference><aliasreference></aliasreference><reference>20 ILCS 3501/845-75</reference><aliasreference></aliasreference><reference>20 ILCS 3501/845-80</reference><aliasreference></aliasreference><reference>20 ILCS 3501/845-85</reference><aliasreference></aliasreference><reference>20 ILCS 3501/890-90</reference><aliasreference></aliasreference><reference>20 ILCS 3501/Art. 830 rep.</reference><aliasreference></aliasreference><reference>20 ILCS 3605/12.1</reference><aliasreference>from Ch. 5, par. 1212.1</aliasreference><reference>20 ILCS 3605/12.2</reference><aliasreference>from Ch. 5, par. 1212.2</aliasreference><reference>20 ILCS 3605/12.4</reference><aliasreference>from Ch. 5, par. 1212.4</aliasreference><reference>20 ILCS 3605/12.5</reference><aliasreference></aliasreference><reference>20 ILCS 3610/3</reference><aliasreference>from Ch. 5, par. 1253</aliasreference><reference>20 ILCS 3610/4</reference><aliasreference>from Ch. 5, par. 1254</aliasreference><reference>30 ILCS 750/8-3</reference><aliasreference>from Ch. 127, par. 2708-3</aliasreference><reference>510 ILCS 77/17</reference><aliasreference></aliasreference><reference>525 ILCS 15/4</reference><aliasreference>from Ch. 96 1/2, par. 9104</aliasreference><reference>525 ILCS 15/6a</reference><aliasreference>from Ch. 96 1/2, par. 9106a</aliasreference><SynopsisText>Deletes everything after the enacting clause. Reinstates the Illinois Farm Development Act repealed by Public Act 93-205, which created the Illinois Finance Authority Act. Amends the Illinois Finance Authority Act, the Rural Diversification Act, the Emergency Farm Credit Allocation Act, the Build Illinois Act, the Livestock Management Facilities Act, and the Illinois Forestry Development Act to effect the reinstatement. Amends the Illinois Farm Development Act. Provides that to be eligible for certain State guarantees, a farmer must be a principal operator of a farm or land, at least 30% (instead of 50%) of whose annual income is derived from farming and whose debt to asset ratio shall not exceed the maximum limit established by the Illinois Farm Development Authority (instead of "shall not be less than 40%"). Provides that State guarantees under certain programs shall not exceed $1,000,000 (instead of $500,000). Provides that the collateral acceptable to the Authority must be at least equal to the gross loan amount (instead of "at least equal to the State's portion of the Guarantee to be provided"). Deletes a provision that to be eligible for State guarantees, a farmer's net worth may not exceed $500,000. Deletes a provision stating that a lender may not withdraw a State guarantee if the loan contract provides for an interest rate that may vary. Changes the name of the "Young Farmer Loan Guarantee Program" to the "Illinois Farmer Loan Guarantee Program". Makes other changes. Effective December 31, 2003.</SynopsisText></synopsis>
<actions>
<statusdate>2/20/2003</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Lawrence M. Walsh</action>
<statusdate>2/20/2003</statusdate><chamber>Senate</chamber><action>Chief Co-Sponsor Sen. Emil Jones, Jr.</action>
<statusdate>2/20/2003</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/20/2003</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>3/5/2003</statusdate><chamber>Senate</chamber><action>Assigned to Executive</action>
<statusdate>3/13/2003</statusdate><chamber>Senate</chamber><action>Do Pass Executive;  008-005-000</action>
<statusdate>3/13/2003</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 18, 2003</action>
<statusdate>3/18/2003</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>3/18/2003</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading ** March 19, 2003</action>
<statusdate>3/27/2003</statusdate><chamber>Senate</chamber><action>Verified</action>
<statusdate>3/27/2003</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 032-016-002</action>
<statusdate>3/27/2003</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>3/27/2003</statusdate><chamber>House</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>3/27/2003</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Michael J. Madigan</action>
<statusdate>3/27/2003</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>3/27/2003</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/31/2003</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>5/2/2003</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>5/14/2003</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>5/14/2003</statusdate><chamber>House</chamber><action>Committee/3rd Reading Deadline Extended-Rule 9(b); May 31, 2003</action>
<statusdate>5/29/2003</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Executive Committee;  007-005-000</action>
<statusdate>5/29/2003</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate **</action>
<statusdate>5/29/2003</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>5/29/2003</statusdate><chamber>House</chamber><action>Held on Calendar Order of Second Reading - Short Debate **</action>
<statusdate>6/1/2003</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>11/17/2003</statusdate><chamber>House</chamber><action>Approved for Consideration Rules Committee;  004-000-000</action>
<statusdate>11/17/2003</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>11/18/2003</statusdate><chamber>House</chamber><action>Alternate Chief Sponsor Changed to Rep. Frank J. Mautino</action>
<statusdate>11/18/2003</statusdate><chamber>House</chamber><action>House Amendment No. 1 Filed with Clerk by Rep. Frank J. Mautino</action>
<statusdate>11/18/2003</statusdate><chamber>House</chamber><action>House Amendment No. 1 Referred to Rules Committee</action>
<statusdate>11/18/2003</statusdate><chamber>House</chamber><action>House Amendment No. 1 Rules Refers to Agriculture and Conservation Committee</action>
<statusdate>11/18/2003</statusdate><chamber>House</chamber><action>House Amendment No. 1 Recommends Be Adopted Agriculture and Conservation Committee;  013-000-000</action>
<statusdate>11/18/2003</statusdate><chamber>House</chamber><action>House Amendment No. 2 Filed with Clerk by Rep. Frank J. Mautino</action>
<statusdate>11/18/2003</statusdate><chamber>House</chamber><action>House Amendment No. 2 Referred to Rules Committee</action>
<statusdate>11/19/2003</statusdate><chamber>House</chamber><action>House Amendment No. 2 Recommends Be Adopted Rules Committee;  003-002-000</action>
<statusdate>11/19/2003</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>11/19/2003</statusdate><chamber>House</chamber><action>House Amendment No. 1 Withdrawn by Rep. Frank J. Mautino</action>
<statusdate>11/19/2003</statusdate><chamber>House</chamber><action>House Amendment No. 2 Adopted by Voice Vote</action>
<statusdate>11/19/2003</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>11/19/2003</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 111-000-000</action>
<statusdate>11/19/2003</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Rich Brauer</action>
<statusdate>11/19/2003</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Richard P. Myers</action>
<statusdate>11/19/2003</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Art Tenhouse</action>
<statusdate>11/19/2003</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Mike Bost</action>
<statusdate>11/19/2003</statusdate><chamber>Senate</chamber><action>Secretary's Desk - Concurrence House Amendment(s) 02</action>
<statusdate>11/19/2003</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of Concurrence House Amendment(s) 02 - November 20, 2003</action>
<statusdate>11/20/2003</statusdate><chamber>Senate</chamber><action>House Amendment No. 2 Motion to Concur Filed with Secretary Sen. Lawrence M. Walsh</action>
<statusdate>11/20/2003</statusdate><chamber>Senate</chamber><action>House Amendment No. 2 Motion to Concur Referred to Rules</action>
<statusdate>11/20/2003</statusdate><chamber>Senate</chamber><action>House Amendment No. 2 Motion to Concur Rules Referred to Agriculture &amp; Conservation</action>
<statusdate>11/20/2003</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. John O. Jones</action>
<statusdate>11/20/2003</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Dale E. Risinger</action>
<statusdate>11/20/2003</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Todd Sieben</action>
<statusdate>11/20/2003</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Dan Cronin</action>
<statusdate>11/20/2003</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Bill Brady</action>
<statusdate>11/20/2003</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. J. Bradley Burzynski</action>
<statusdate>11/20/2003</statusdate><chamber>Senate</chamber><action>House Amendment No. 2 Motion to Concur Be Approved for Consideration Agriculture &amp; Conservation;  008-000-000</action>
<statusdate>11/20/2003</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. John M. Sullivan</action>
<statusdate>11/20/2003</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Christine Radogno</action>
<statusdate>11/20/2003</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Gary Forby</action>
<statusdate>11/20/2003</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Larry K. Bomke</action>
<statusdate>12/22/2003</statusdate><chamber>Senate</chamber><action>Pursuant to Senate Rule 3-9(b) / Referred to Rules</action>
<statusdate>12/22/2003</statusdate><chamber>Senate</chamber><action>House Amendment No. 2 Motion to Concur Referred to Rules;  3-9(b)</action>
<statusdate>1/5/2004</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Dan Rutherford</action>
<statusdate>1/11/2005</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

