IL HR0671

Urges Congress to remove cannabis from the federal Controlled Substances Act and exempt marijuana-related activities from federal law.

Calls for legislation to provide regulatory protection and immunity for financial institutions offering banking services to state-legal cannabis businesses.

Highlights that 37 states, 4 U.S. territories, and D.C. have authorized medical cannabis; 18 states, 2 territories, and D.C. have legalized adult-use cannabis.

Notes that federal Schedule I classification prevents cannabis businesses from accessing banking services, forcing reliance on cash transactions and hindering tax collection and crime prevention.

Directs copies of the resolution to be sent to the Cannabis Business Association of Illinois, Doctors For Cannabis Regulation, Drug Policy Alliance, National Cannabis Industry Association, and Minority Cannabis Business Association.