IL SB2387

Creates a Farmland Conversion Fee of $700-$900 per acre beginning January 1, 2026, paid by buyers or lessees when agricultural land is converted to solar farms, wind farms, industrial parks, commercial areas, residential developments, or other non-agricultural uses

Establishes a tiered fee structure: $900/acre for up to 10 acres, $800/acre for 10-30 acres, and $700/acre for 30+ acres

Deposits fees into the Farmland Conversion Fee Fund, with mandatory annual distributions of at least $17.5 million to Soil and Water Conservation Districts, $2 million to the Department of Labor, and $1 million to the Department of Revenue for administration

Exempts conversions for personal use by farmers/landowners, agricultural infrastructure (livestock operations, grain elevators), State agency projects, high-voltage transmission systems, and conservation practice establishment

Requires all State-owned agricultural property, including land leased through the Department of Natural Resources, to use established metrics for conservation practices such as cover crops, no-till farming, nutrient management plans, and constructed wetlands