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IL HB1438

IL HB1438
CANNABIS REGULATION & TAX ACT


summary

Introduced
01/28/2019
In Committee
05/08/2019
Crossed Over
04/03/2019
Passed
06/04/2019
Dead
Signed/Enacted/Adopted
06/25/2019

Introduced Session

101st General Assembly

Bill Summary

Creates the Cannabis Regulation and Tax Act and amends various Acts. Provides that it is lawful for persons 21 years of age or older to possess, use, and purchase limited amounts of cannabis for personal use in accordance with the Act. Authorizes registered qualifying patients to cultivate limited amounts of cannabis for personal use. Provides for the regulation and licensing of various entities and occupations engaged in cultivation, dispensing, processing, transportation, and other activities regarding cannabis for adult use. Sets forth duties of an Illinois Cannabis Regulation Oversight Officer, the Department of State Police, the Department of Agriculture, the Department of Financial and Professional Regulation, the Department of Public Health, the Department of Commerce and Economic Opportunity, the Department of Human Services, the Department of Revenue, the State Treasurer, the Illinois Criminal Justice Information Authority, and other governmental entities. Provides for expungement of minor cannabis violations under specified circumstances. Creates a Restore, Reinvest, and Renew Program and a Restore, Reinvest, and Renew Program Board and contains various provisions regarding a low-interest loan program for social equity applicants, investment in communities that have suffered because of drug policies, and the promotion of cannabis business ownership by individuals who have resided in areas of high poverty and high enforcement of cannabis-related laws. Contains provisions regarding health and safety, packaging, advertising, local ordinances, providing financial services to a cannabis-related legitimate business, and other matters. Creates a Cannabis Cultivation Privilege Tax and a Cannabis Purchaser Excise Tax. Authorizes the imposition of a County Cannabis Retailers' Occupation Tax and a Municipal Cannabis Retailers' Occupation Tax. Provides for allocation of revenues and creates various funds in the State treasury. Repeals the Cannabis and Controlled Substances Tax Act. Contains home rule preemptions. Contains other provisions. Effective immediately.

AI Summary

Here is a one paragraph summary of the key provisions of the bill: This bill creates the Cannabis Regulation and Tax Act, which legalizes the possession, use, and purchase of limited amounts of cannabis for personal use by those 21 and older. It establishes a regulatory and licensing framework for the cultivation, processing, transportation, and sale of cannabis, provides for the expungement of minor cannabis offenses, and creates new taxes and funds to support a range of programs including crime prevention, substance abuse treatment, community reinvestment, and other initiatives. The bill also maintains the existing medical cannabis program and makes changes to streamline the administration of the medical and adult-use programs.

Committee Categories

Government Affairs, Health and Social Services, Justice

Sponsors (30)

Last Action

Public Act . . . . . . . . . 101-0027 (on 06/25/2019)

bill text


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