State of Illinois
90th General Assembly
Legislation

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90_SB1707ham004

                                           LRB9007910MWpcam04
 1                    AMENDMENT TO SENATE BILL 1707
 2        AMENDMENT NO.     .  Amend Senate Bill 1707, AS  AMENDED,
 3    with  reference  to  page and line numbers of House Amendment
 4    No. 1, on page 1, line 15, by deleting "or acreage"; and
 5    on page 4, line 2, by inserting "months" after "4"; and
 6    on page 19, lines 25  and  26,  by  replacing  "the  facility
 7    lagoon" with "a the lagoon"; and
 8    on  page  19,  line  26,  by  inserting  "The livestock waste
 9    storage capacity for a facility other than a lagoon  must  be
10    at least 180 days." after "days."; and
11    on  page 25, lines 22 and 23, by replacing "the seasonal high
12    water table is" with "aquifer material is found"; and
13    on page 26,  line  5,  by  inserting  after  "operator."  the
14    following:
15    "There  shall  be  no  liability  under  this Section for any
16    financial institution as that term is defined in Section 2 of
17    the Illinois Banking Act nor to any other federally chartered
18    or regulated  financial  institution  that  has  acquired  an
19    ownership  interest in a livestock waste handling facility or
20    in livestock through foreclosure, receivership, or  otherwise
21    under  the terms of a security interest held by the financial
                            -2-            LRB9007910MWpcam04
 1    institution  or  whose  ownership   interest,   control,   or
 2    specifications  arise  through  the  terms of an extension of
 3    credit made by the financial  institution  to  the  owner  or
 4    operator of a livestock waste handling facility or livestock.
 5    There  shall  also  be  no liability under this Section for a
 6    trustee,   executor,   administrator,   guardian,   receiver,
 7    conservator,  or  other  person  whose  ownership   interest,
 8    control, or specification arises in a fiduciary capacity.".

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