FINANCE AUTHORITY-BOND LIMITS Senate SponsorsSen. Jeffrey M. Schoenberg House Sponsors(Rep. Gary Hannig-Carolyn H. Krause-Jim Watson-Jim Sacia) 11/6/2007SenatePublic Act . . . . . . . . . 95-0697 20 ILCS 3501/845-5Amends the Illinois Finance Authority Act. Increases the limit on the aggregate principal amount of bonds that may be outstanding at any one time from $25,200,000,000 to $30,000,000,000. Effective immediately.Senate Committee Amendment No. 1 Increases the limit on the aggregate principal amount of the bonds of the Illinois Finance Authority that may be outstanding at any one time from $25,200,000,000 to $28,017,711,000 (instead of to $30,000,000,000).Fiscal Note (Illinois Finance Authority) SB 1327 does not increase the authorization of the Authority to issue State-supported or State-guaranteed bonds or other forms of indebtedness, therefore, SB 1327 does not impact the expenditure of State funds or increase or decrease revenues of the State. House Amendment No. 1 Adds reference to:20 ILCS 3501/801-1020 ILCS 3501/825-1220 ILCS 3501/830-50Replaces everything after the enacting clause. Amends the Illinois Finance Authority Act. Increases the limit on the aggregate principal amount of bonds that may be outstanding at any one time from $25,200,000,000 to $26,650,000,000 (instead of to $30,000,000,000). Provides that specialized livestock operations include livestock operations using anaerobic digestors to generate electricity for the purposes of a Section providing certain financing benefits to livestock operations. In a Section concerning definitions, includes a conservation project within the definition of "project" and defines "conservation project". Authorizes the Illinois Finance Authority to develop a program to provide low-interest loans and other financing to individuals, business entities, private organizations, and units of local government for conservation projects in the State of Illinois. Sets forth requirements for the program. Effective immediately. 2/9/2007SenateFiled with Secretary by Sen. Jeffrey M. Schoenberg 2/9/2007SenateFirst Reading 2/9/2007SenateReferred to Rules 3/7/2007SenateAssigned to Executive 3/8/2007SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Jeffrey M. Schoenberg 3/8/2007SenateSenate Committee Amendment No. 1 Referred to Rules 3/14/2007SenateSenate Committee Amendment No. 1 Rules Refers to Executive 3/14/2007SenateSenate Committee Amendment No. 1 Adopted 3/15/2007SenateDo Pass as Amended Executive; 012-000-000 3/15/2007SenatePlaced on Calendar Order of 2nd Reading March 20, 2007 3/20/2007SenateFiscal Note Requested by Sen. Dale A. Righter 3/21/2007SenateFiscal Note Filed as amended by Senate Amendment No. 1, from the Illinois Finance Authority. 3/29/2007SenateSecond Reading 3/29/2007SenatePlaced on Calendar Order of 3rd Reading March 30, 2007 3/30/2007SenateRule 2-10 Third Reading Deadline Established As May 31, 2007 4/19/2007SenateThird Reading - Passed; 038-014-000 4/20/2007HouseArrived in House 4/20/2007HousePlaced on Calendar Order of First Reading 4/20/2007HouseChief House Sponsor Rep. Gary Hannig 4/20/2007HouseFirst Reading 4/20/2007HouseReferred to Rules Committee 4/30/2007HouseAssigned to Executive Committee 5/18/2007HouseCommittee Deadline Extended-Rule 9(b) May 25, 2007 5/25/2007HouseFinal Action Deadline Extended-9(b) May 31, 2007 5/30/2007HouseHouse Amendment No. 1 Filed with Clerk by Executive Committee 5/30/2007HouseHouse Amendment No. 1 Adopted in Executive Committee; by Voice Vote 5/30/2007HouseDo Pass as Amended / Short Debate Executive Committee; 013-000-000 5/30/2007HousePlaced on Calendar 2nd Reading - Short Debate 5/30/2007HouseSecond Reading - Short Debate 5/30/2007HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/31/2007HouseThird Reading - Short Debate - Passed 080-036-000 5/31/2007HouseAdded Alternate Chief Co-Sponsor Rep. Carolyn H. Krause 5/31/2007HouseAdded Alternate Chief Co-Sponsor Rep. Jim Watson 5/31/2007HouseAdded Alternate Chief Co-Sponsor Rep. Jim Sacia 5/31/2007SenateSecretary's Desk - Concurrence House Amendment(s) 01 5/31/2007SenatePlaced on Calendar Order of Concurrence House Amendment(s) 01 - June 1, 2007 5/31/2007SenateHouse Amendment No. 1 Motion to Concur Filed with Secretary Sen. Jeffrey M. Schoenberg 5/31/2007SenateHouse Amendment No. 1 Motion to Concur Referred to Rules 6/5/2007SenateHouse Amendment No. 1 Motion to Concur Rules Referred to Executive 6/6/2007SenateHouse Amendment No. 1 Motion To Concur Recommended Do Adopt Executive; 007-003-000 8/9/2007SenateHouse Amendment No. 1 3/5 Vote Required 8/9/2007SenateVerified 8/9/2007SenateHouse Amendment No. 1 Senate Concurs 036-021-001 8/9/2007SenatePassed Both Houses 9/7/2007SenateSent to the Governor 11/6/2007SenateGovernor Approved 11/6/2007SenateEffective Date November 6, 2007 11/6/2007SenatePublic Act . . . . . . . . . 95-0697