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IL HB0109

Bill

Status

Introduced

1/13/2021

Primary Sponsor

Curtis Tarver

Click for details

Origin

House of Representatives

102nd General Assembly

AI Summary

HB0109 Summary

  • Creates the Cannabis Regulation Fund to receive all revenues from the Cannabis Regulation and Tax Act, including taxes, license fees, and other fees.

  • Establishes an irrevocable appropriation for refunds authorized under the Cannabis Regulation and Tax Act, processed by the Department of Revenue and State Comptroller.

  • Allocates monthly transfers from the Cannabis Regulation Fund (after deducting administrative costs and refunds) as follows: 2% to Drug Treatment Fund for public education and health data collection; 8% to Local Government Distributive Fund with designated portions for law enforcement training, body cameras, pretrial services, and juvenile expungements; 25% to Criminal Justice Information Projects Fund for the Restore, Reinvest, and Renew Program; 20% to Department of Human Services Community Services Fund for substance abuse and mental health services; 10% to Budget Stabilization Fund; and 35% to General Revenue Fund.

  • Requires monthly cannabis revenue transfers to Cannabis Expungement Fund for costs related to expungement of Minor Cannabis Offenses under Public Act 101-27.

  • Protects the Cannabis Regulation Fund from sweeps, administrative charge-backs, and fiscal maneuvers; maintains a $1,000,000 minimum balance for administrative costs; and requires allocation review in Fiscal Year 2024.

Legislative Description

ST FINANCE-CANNABIS REG FUND

Last Action

Rule 19(a) / Re-referred to Rules Committee

4/23/2021

Committee Referrals

Rules4/23/2021
Appropriations-Public Safety2/23/2021
Rules1/14/2021

Full Bill Text

No bill text available