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SB3019 - 104th General Assembly
FINANCE-AGRICULTURAL BORROWER
Last Action
Senate Sponsors
Sen. Celina Villanueva - Elgie R. Sims, Jr., Mark L. Walker, Mike Porfirio, Mattie Hunter and Rachel VenturaHouse Sponsors
(Rep. Curtis J. Tarver, II)Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Finance Authority Act. Provides that the maximum amount of notes or bonds that may be issued by the Illinois Finance Authority for any one agricultural real estate borrower may be increased by a higher amount than currently allowed if a higher amount is permitted by statute or regulation. In provisions concerning agricultural assistance loans, removes provisions providing that no proceeds from any bonds issued by the Illinois Finance Authority shall be loaned for the purchase of new depreciable agricultural property to any natural person who has a net worth in excess of $500,000. Effective immediately.
House Floor Amendment No. 1
Deletes reference to:
Adds reference to:
New Act
55 ILCS 5/5-1009from Ch. 34, par. 5-1009
65 ILCS 5/8-11-6afrom Ch. 24, par. 8-11-6a
805 ILCS 5/15.05from Ch. 32, par. 15.05
805 ILCS 5/15.98 new
35 ILCS 5/207from Ch. 120, par. 2-207
35 ILCS 5/1101from Ch. 120, par. 11-1101
35 ILCS 505/2from Ch. 120, par. 418
415 ILCS 5/7.5from Ch. 111 1/2, par. 1007.5
30 ILCS 730/3from Ch. 96 1/2, par. 8203
35 ILCS 5/510from Ch. 120, par. 5-510
415 ILCS 5/55.8from Ch. 111 1/2, par. 1055.8
35 ILCS 145/2from Ch. 120, par. 481b.32
35 ILCS 145/3from Ch. 120, par. 481b.33
35 ILCS 145/6from Ch. 120, par. 481b.36
320 ILCS 30/3from Ch. 67 1/2, par. 453
30 ILCS 105/6z-22from Ch. 127, par. 142z-22
20 ILCS 2505/2505-70was 20 ILCS 2505/39b24
30 ILCS 115/12from Ch. 85, par. 616
30 ILCS 730/3from Ch. 96 1/2, par. 8203
35 ILCS 105/3-10from Ch. 120, par. 439.33-10
35 ILCS 105/12from Ch. 120, par. 439.12
35 ILCS 120/2-10from Ch. 120, par. 441-10
35 ILCS 145/3from Ch. 120, par. 481b.33
35 ILCS 505/21from Ch. 120, par. 434a
35 ILCS 610/Act rep.
55 ILCS 5/5-1006from Ch. 34, par. 5-1006
55 ILCS 5/5-12001from Ch. 34, par. 5-12001
65 ILCS 5/8-11-1from Ch. 24, par. 8-11-1
65 ILCS 5/8-11-1.3from Ch. 24, par. 8-11-1.3
70 ILCS 3610/5.01from Ch. 111 2/3, par. 355.01
70 ILCS 3615/4.03from Ch. 111 2/3, par. 704.03
70 ILCS 3720/4from Ch. 111 2/3, par. 254
215 ILCS 5/414afrom Ch. 73, par. 1026a
220 ILCS 5/9-222from Ch. 111 2/3, par. 9-222
230 ILCS 20/5from Ch. 120, par. 1055
235 ILCS 5/8-14from Ch. 43, par. 165a
625 ILCS 5/3-1001from Ch. 95 1/2, par. 3-1001
35 ILCS 120/2afrom Ch. 120, par. 441a
35 ILCS 120/2bfrom Ch. 120, par. 441b
235 ILCS 5/1-3.49 new
235 ILCS 5/7-6.5 new
35 ILCS 130/4from Ch. 120, par. 453.4
35 ILCS 130/4afrom Ch. 120, par. 453.4a
35 ILCS 130/4bfrom Ch. 120, par. 453.4b
35 ILCS 130/6from Ch. 120, par. 453.6
35 ILCS 130/21from Ch. 120, par. 453.21
35 ILCS 135/4from Ch. 120, par. 453.34
35 ILCS 135/6from Ch. 120, par. 453.36
35 ILCS 135/7from Ch. 120, par. 453.37
35 ILCS 135/27from Ch. 120, par. 453.57
230 ILCS 10/7from Ch. 120, par. 2407
625 ILCS 5/15-111from Ch. 95 1/2, par. 15-111
625 ILCS 5/15-312from Ch. 95 1/2, par. 15-312
30 ILCS 5/3-1from Ch. 15, par. 303-1
30 ILCS 105/6z-18from Ch. 127, par. 142z-18
30 ILCS 105/6z-20from Ch. 127, par. 142z-20
55 ILCS 5/5-1006from Ch. 34, par. 5-1006
55 ILCS 5/5-1007from Ch. 34, par. 5-1007
65 ILCS 5/8-4-1from Ch. 24, par. 8-4-1
65 ILCS 5/8-11-1from Ch. 24, par. 8-11-1
65 ILCS 5/8-11-1.3from Ch. 24, par. 8-11-1.3
65 ILCS 5/8-11-1.4from Ch. 24, par. 8-11-1.4
65 ILCS 5/8-11-5from Ch. 24, par. 8-11-5
70 ILCS 3610/5.01from Ch. 111 2/3, par. 355.01
35 ILCS 143/10-24 new
35 ILCS 5/203from Ch. 120, par. 2-203
35 ILCS 105/3-10from Ch. 120, par. 439.33-10
35 ILCS 120/2-10from Ch. 120, par. 441-10
5 ILCS 100/5-45.71 new
230 ILCS 45/25-120 new
230 ILCS 45/25-120.1 new
230 ILCS 45/25-120.2 new
230 ILCS 45/25-120.3 new
230 ILCS 45/25-120.4 new
230 ILCS 45/25-120.5 new
230 ILCS 45/25-120.6 new
230 ILCS 45/25-120.7 new
230 ILCS 45/25-120.8 new
720 ILCS 5/28-1from Ch. 38, par. 28-1
720 ILCS 5/28-8from Ch. 38, par. 28-8
Replaces everything after the enacting clause. Creates the Targeted Advertising Services Tax Act. Provides that a tax is imposed upon providers of targeted advertising services at the rate of 10% of the gross receipts derived from such targeted advertising services provided in this State. Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Amends the Business Corporation Act of 1983. Imposes a social media platform fee. Amends the Illinois Coal Technology Development Assistance Act. Provides that certain amounts required to be transferred into the Coal Technology Development Assistance Fund from the General Revenue Fund shall be directly deposited into the Coal Technology Development Assistance Fund instead. Amends the Illinois Income Tax Act. Provides that certain tax checkoff amounts shall be deposited directly into the specified funds. Amends the Environmental Protection Act. Makes changes concerning certain fees imposed with respect to the sale of new or used tires. Amends the Hotel Operators' Occupation Tax Act. Defines "hotel marketplace" and "hotel marketplace facilitator". Provides that hotel marketplace facilitators that meet specified tax remittance thresholds are considered to be hotel operators for the purposes of the taxes under the Act. Provides that a marketplace facilitator that is considered a hotel operator is required to remit the applicable taxes under the Act and any local hotel operators' occupation taxes administered by the Department of Revenue on all rentals, leases, or lettings of Illinois hotel rooms made by the hotel marketplace facilitator or facilitated for marketplace hotel operators to guests. Contains provisions concerning re-renters. Amends the Illinois Income Tax Act. Provides that, if a late discretionary hearing for a revised final assessment has been granted after a lien has attached, then the lien shall remain in full force except to the extent to which the final assessment may be reduced by a revised final assessment following the hearing or review. Repeals the Messages Tax Act. Makes changes concerning cross-references to that Act. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act, and various Acts imposing local use and occupation taxes to replace references to "alcoholic beverages" with "alcoholic liquor taxable under a specified provision of the Liquor Control Act of 1934". Makes technical changes concerning incorporation of provisions of the Retailers' Occupation Tax Act into various other Acts. Amends the Illinois Gambling Act. Makes changes to provisions concerning gaming at a temporary facility. Makes changes concerning the privilege tax imposed on persons engaged in the business of conducting gambling operations. Amends the Sports Wagering Act. Makes changes concerning the privilege taxes imposed under the Act Amends the Illinois State Auditing Act. Provides that the Auditor General shall conduct a compliance audit in accordance with specified provisions of the Statewide Innovation Development and Economy Act. Amends the State Finance Act, the Illinois Municipal Code, the Metro-East Park and Recreation District Act, and the Local Mass Transit District Act. Provides for the transfer of the local sales tax increment to the STAR Bonds Revenue Fund. Amends the Illinois Income Tax Act. In provisions concerning the entity-level tax, provides that a partnership making an entity-level tax election may elect to determine its tax base using a full distributive share method or an Illinois-sourced income method. Amends the Motor Fuel Tax Law. Pauses certain rate adjustments. Makes other changes. Amends the Reimagining Energy and Vehicles in Illinois Act. Provides that the Department of Commerce and Economic Opportunity shall not enter into any new agreements under the Act after December 31, 2028 (instead of December 31, 2027). Effective immediately, except that certain provisions take effect on July 1, 2026.
House Floor Amendment No. 2
Adds reference to:
65 ILCS 5/8-3-14d new
Provides that the Digital Asset Privilege Tax Act shall be renamed the Digital Asset Tax Act. Provides that provisions concerning vegetative filter strip assessment are repealed on December 31, 2031 (rather than removing the repeal language). Makes technical corrections. Further amends the Illinois Municipal Code. Provides that the corporate authorities of a municipality that imposes certain taxes shall prepare annual reports, shall publish those reports in a local newspaper of general circulation in the municipality or by publication on the municipality's Internet website, and shall transmit the reports to the State Comptroller. Provides that the pause in the increase under the Motor Fuel Tax Law applies until January 1, 2027 (rather than June 30, 2027).
Actions
| Date | Chamber | Action |
|---|---|---|
| 1/29/2026 | Senate | Filed with Secretary by Sen. Patrick J. Joyce |
| 1/29/2026 | Senate | First Reading |
| 1/29/2026 | Senate | Referred to Assignments |
| 3/10/2026 | Senate | Assigned to Financial Institutions |
| 3/10/2026 | Senate | Added as Chief Co-Sponsor Sen. Sally J. Turner |
| 3/13/2026 | Senate | Rule 2-10 Committee Deadline Established As March 27, 2026 |
| 3/23/2026 | Senate | Added as Chief Co-Sponsor Sen. Jason Plummer |
| 3/25/2026 | Senate | Do Pass Financial Institutions; 008-000-000 |
| 3/25/2026 | Senate | Placed on Calendar Order of 2nd Reading March 26, 2026 |
| 3/26/2026 | Senate | Second Reading |
| 3/26/2026 | Senate | Placed on Calendar Order of 3rd Reading April 14, 2026 |
| 3/26/2026 | Senate | Added as Co-Sponsor Sen. Christopher Belt |
| 3/26/2026 | Senate | Added as Co-Sponsor Sen. Mark L. Walker |
| 3/26/2026 | Senate | Added as Co-Sponsor Sen. Mike Porfirio |
| 3/26/2026 | Senate | Added as Co-Sponsor Sen. Mattie Hunter |
| 3/26/2026 | Senate | Added as Chief Co-Sponsor Sen. Paul Faraci |
| 4/14/2026 | Senate | Third Reading - Passed; 055-000-000 |
| 4/14/2026 | Senate | Added as Co-Sponsor Sen. Chris Balkema |
| 4/14/2026 | Senate | Added as Co-Sponsor Sen. Michael W. Halpin |
| 4/14/2026 | House | Arrived in House |
| 4/14/2026 | House | Chief House Sponsor Rep. Ann M. Williams |
| 4/14/2026 | House | First Reading |
| 4/14/2026 | House | Referred to Rules Committee |
| 4/15/2026 | Senate | Added as Co-Sponsor Sen. Rachel Ventura |
| 4/27/2026 | House | Assigned to Revenue & Finance Committee |
| 5/07/2026 | House | Committee Deadline Extended-Rule 9(b) May 15, 2026 |
| 5/13/2026 | House | Do Pass / Short Debate Revenue & Finance Committee; 018-000-000 |
| 5/14/2026 | House | Placed on Calendar 2nd Reading - Short Debate |
| 5/19/2026 | House | Second Reading - Short Debate |
| 5/19/2026 | House | Held on Calendar Order of Second Reading - Short Debate |
| 5/22/2026 | House | Third Reading/Final Action Deadline Extended-9(b) May 31, 2026 |
| 5/29/2026 | House | Alternate Chief Sponsor Changed to Rep. Curtis J. Tarver, II |
| 5/31/2026 | House | House Floor Amendment No. 1 Filed with Clerk by Rep. Curtis J. Tarver, II |
| 5/31/2026 | House | House Floor Amendment No. 1 Referred to Rules Committee |
| 5/31/2026 | Senate | Sponsor Removed Sen. Jason Plummer |
| 5/31/2026 | Senate | Sponsor Removed Sen. Chris Balkema |
| 5/31/2026 | Senate | Sponsor Removed Sen. Sally J. Turner |
| 5/31/2026 | Senate | Sponsor Removed Sen. Christopher Belt |
| 5/31/2026 | Senate | Sponsor Removed Sen. Paul Faraci |
| 5/31/2026 | Senate | Sponsor Removed Sen. Michael W. Halpin |
| 5/31/2026 | House | House Floor Amendment No. 2 Filed with Clerk by Rep. Curtis J. Tarver, II |
| 5/31/2026 | House | House Floor Amendment No. 2 Referred to Rules Committee |
| 5/31/2026 | Senate | Chief Sponsor Changed to Sen. Celina Villanueva |
| 5/31/2026 | House | House Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 003-002-000 |
| 5/31/2026 | House | House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 005-000-000 |
| 5/31/2026 | House | Motion Filed to Suspend House Rule(s) for Immediate Consideration Rep. Ann M. Williams |
| 5/31/2026 | House | 3/5 Vote Required |
| 5/31/2026 | House | Motion Prevailed 072-039-000 |
| 5/31/2026 | House | House Floor Amendment No. 1 Adopted |
| 5/31/2026 | House | House Floor Amendment No. 2 Adopted |
| 5/31/2026 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
| 5/31/2026 | House | Third Reading - Short Debate - Passed 073-041-000 |
| 5/31/2026 | House | Motion Filed to Reconsider Vote Rep. Will Guzzardi |
| 5/31/2026 | House | Motion to Reconsider Vote - Withdrawn Rep. Will Guzzardi |
| 5/31/2026 | Senate | Secretary's Desk - Concurrence House Amendment(s) 1, 2 |
| 5/31/2026 | Senate | Placed on Calendar Order of Concurrence House Amendment(s) 1, 2 - May 31, 2026 |
| 5/31/2026 | Senate | Added as Chief Co-Sponsor Sen. Elgie R. Sims, Jr. |
| 5/31/2026 | Senate | House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Celina Villanueva |
| 5/31/2026 | Senate | House Floor Amendment No. 1 Motion to Concur Referred to Assignments |
| 5/31/2026 | Senate | House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Celina Villanueva |
| 5/31/2026 | Senate | House Floor Amendment No. 2 Motion to Concur Referred to Assignments |
| 5/31/2026 | Senate | House Floor Amendment No. 1 Motion to Concur Be Approved for Consideration Assignments |
| 5/31/2026 | Senate | House Floor Amendment No. 2 Motion to Concur Be Approved for Consideration Assignments |
| 6/01/2026 | Senate | House Floor Amendment No. 1 Senate Concurs 036-019-000 |
| 6/01/2026 | Senate | House Floor Amendment No. 2 Senate Concurs 036-019-000 |
| 6/01/2026 | Senate | 3/5 Vote Required |
| 6/01/2026 | Senate | Senate Concurs |
| 6/01/2026 | Senate | Passed Both Houses |