Introduced
Jan 29, 2026
In committee
Jan 29, 2026
Passed the Senate
Apr 14, 2026
Passed the House
May 31, 2026
To the governor
Jun 10, 2026
Became law
Jun 16, 2026
What it does
The legislature's own summary of the bill, or its official long title.
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…
Read the full title (98 words)
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.
Every action
74 steps, oldest first, as the legislature records them.
Show the 66 earlier steps
Jan 29, 2026 Senate Filed with Secretary by Sen. Patrick J. Joyce Jan 29, 2026 Senate First Reading Jan 29, 2026 Committee Referred to Assignments · Senate Assignments Mar 10, 2026 Committee Assigned to Financial Institutions · Senate Financial Institutions Mar 10, 2026 Senate Added as Chief Co-Sponsor Sen. Sally J. Turner Mar 13, 2026 Senate Rule 2-10 Committee Deadline Established As March 27, 2026 Mar 23, 2026 Senate Added as Chief Co-Sponsor Sen. Jason Plummer Mar 25, 2026 Committee Do Pass Financial Institutions; 008-000-000 · Senate Financial Institutions Mar 25, 2026 Senate Placed on Calendar Order of 2nd Reading March 26, 2026 Mar 26, 2026 Senate Second Reading Mar 26, 2026 Senate Placed on Calendar Order of 3rd Reading April 14, 2026 Mar 26, 2026 Senate Added as Co-Sponsor Sen. Christopher Belt Mar 26, 2026 Senate Added as Co-Sponsor Sen. Mark L. Walker Mar 26, 2026 Senate Added as Co-Sponsor Sen. Mike Porfirio Mar 26, 2026 Senate Added as Co-Sponsor Sen. Mattie Hunter Mar 26, 2026 Senate Added as Chief Co-Sponsor Sen. Paul Faraci Apr 14, 2026 Senate Third Reading - Passed; 055-000-000 Apr 14, 2026 Senate Added as Co-Sponsor Sen. Chris Balkema Apr 14, 2026 Senate Added as Co-Sponsor Sen. Michael W. Halpin Apr 14, 2026 House Arrived in House Apr 14, 2026 House Chief House Sponsor Rep. Ann M. Williams Apr 14, 2026 House First Reading Apr 14, 2026 Committee Referred to Rules Committee · House Rules Apr 15, 2026 Senate Added as Co-Sponsor Sen. Rachel Ventura Apr 27, 2026 Committee Assigned to Revenue & Finance Committee · House Revenue & Finance May 7, 2026 House Committee Deadline Extended-Rule 9(b) May 15, 2026 May 13, 2026 Committee Do Pass / Short Debate Revenue & Finance Committee; 018-000-000 · House Revenue & Finance May 14, 2026 House Placed on Calendar 2nd Reading - Short Debate May 19, 2026 House Second Reading - Short Debate May 19, 2026 House Held on Calendar Order of Second Reading - Short Debate May 22, 2026 House Third Reading/Final Action Deadline Extended-9(b) May 31, 2026 May 29, 2026 House Alternate Chief Sponsor Changed to Rep. Curtis J. Tarver, II May 31, 2026 House House Floor Amendment No. 1 Filed with Clerk by Rep. Curtis J. Tarver, II May 31, 2026 Committee House Floor Amendment No. 1 Referred to Rules Committee · House Rules May 31, 2026 Senate Sponsor Removed Sen. Jason Plummer May 31, 2026 Senate Sponsor Removed Sen. Chris Balkema May 31, 2026 Senate Sponsor Removed Sen. Sally J. Turner May 31, 2026 Senate Sponsor Removed Sen. Christopher Belt May 31, 2026 Senate Sponsor Removed Sen. Paul Faraci May 31, 2026 Senate Sponsor Removed Sen. Michael W. Halpin May 31, 2026 House House Floor Amendment No. 2 Filed with Clerk by Rep. Curtis J. Tarver, II May 31, 2026 Committee House Floor Amendment No. 2 Referred to Rules Committee · House Rules May 31, 2026 Senate Chief Sponsor Changed to Sen. Celina Villanueva May 31, 2026 Committee House Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 003-002-000 · House Rules May 31, 2026 Committee House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 005-000-000 · House Rules May 31, 2026 House Motion Filed to Suspend House Rule(s) for Immediate Consideration Rep. Ann M. Williams May 31, 2026 House 3/5 Vote Required May 31, 2026 House Motion Prevailed 072-039-000 May 31, 2026 House House Floor Amendment No. 1 Adopted May 31, 2026 House House Floor Amendment No. 2 Adopted May 31, 2026 House Placed on Calendar Order of 3rd Reading - Short Debate May 31, 2026 House Third Reading - Short Debate - Passed 073-041-000 May 31, 2026 House Motion Filed to Reconsider Vote Rep. Will Guzzardi May 31, 2026 House Motion to Reconsider Vote - Withdrawn Rep. Will Guzzardi May 31, 2026 Senate Secretary's Desk - Concurrence House Amendment(s) 1, 2 May 31, 2026 Senate Placed on Calendar Order of Concurrence House Amendment(s) 1, 2 - May 31, 2026 May 31, 2026 Senate Added as Chief Co-Sponsor Sen. Elgie R. Sims, Jr. May 31, 2026 Senate House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Celina Villanueva May 31, 2026 Committee House Floor Amendment No. 1 Motion to Concur Referred to Assignments · Senate Assignments May 31, 2026 Senate House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Celina Villanueva May 31, 2026 Committee House Floor Amendment No. 2 Motion to Concur Referred to Assignments · Senate Assignments May 31, 2026 Committee House Floor Amendment No. 1 Motion to Concur Be Approved for Consideration Assignments · Senate Assignments May 31, 2026 Committee House Floor Amendment No. 2 Motion to Concur Be Approved for Consideration Assignments · Senate Assignments Jun 1, 2026 Senate House Floor Amendment No. 1 Senate Concurs 036-019-000 Jun 1, 2026 Senate House Floor Amendment No. 2 Senate Concurs 036-019-000 Jun 1, 2026 Senate 3/5 Vote Required
Jun 1, 2026 Senate Senate Concurs Jun 1, 2026 Senate Passed Both Houses Jun 10, 2026 Senate Sent to the Governor Jun 16, 2026 Senate Governor Approved Jun 16, 2026 Senate Effective Date June 16, 2026; Some Provisions Jun 16, 2026 Senate Effective Date July 1, 2026; Some Provisions Jun 16, 2026 Senate Public Act . . . . . . . . . 104-0468 Jun 30, 2026 Senate Added as Co-Sponsor Sen. Mary Edly-Allen
Roll calls
6 recorded votes: 4 on the floor, 2 in committee. Each shows how every member voted.
Third Reading · Full Senate
Passed 55–0
Yes 55
No 0
Not voting 4
Democrats: 36 yes, 0 no
Republicans: 19 yes, 0 no
How each member voted
Yes · 55
Not voting · 4
Third Reading · Full House
Passed 73–41
Yes 73
No 41
Not voting 4
Democrats: 73 yes, 2 no
Republicans: 0 yes, 39 no
How each member voted
Yes · 73
No · 41
Not voting · 2
Excused · 2
House Floor Amendment No. 1 - Concurrence · Full Senate
36–19
Yes 36
No 19
Not voting 4
Democrats: 36 yes, 1 no
Republicans: 0 yes, 18 no
How each member voted
Yes · 36
No · 19
Not voting · 4
House Floor Amendment No. 2 - Concurrence · Full Senate
36–19
Yes 36
No 19
Not voting 4
Democrats: 36 yes, 1 no
Republicans: 0 yes, 18 no
How each member voted
Yes · 36
No · 19
Not voting · 4
Committee and other votes
Date Where Question Result
Mar 25, 2026
Senate Financial Institutions
Financial Institutions - Do Pass Members Yes · 8
Not voting · 1
Passed 8–0
May 13, 2026
House Revenue & Finance
Revenue & Finance - Do Pass Members Yes · 18
Not voting · 2
Passed 18–0
From Illinois's official records (www.ilga.gov), checked Nov 13, 2026.
Text links go to the official versions; LegiList does not copy bill text.