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IL HB4443

Bill

Status

Introduced

1/15/2026

Primary Sponsor

LaShawn Ford

Click for details

Origin

House of Representatives

104th General Assembly

AI Summary

  • Creates the Illinois Future Fund as a special fund in the State treasury to provide direct cash assistance of $500 monthly to qualifying individuals through a program administered by the Department of Human Services.

  • Redirects a portion of cannabis tax revenue currently going to the Criminal Justice Information Projects Fund to the new Illinois Future Fund beginning July 1, 2027.

  • Implements a gradual six-year transition schedule: starting FY2028, the 25% cannabis revenue allocation shifts from 25% criminal justice/0% Future Fund to 0% criminal justice/25% Future Fund by FY2033.

  • Funds the program through the Cannabis Regulation Fund, which collects taxes, license fees, and other revenue under the Cannabis Regulation and Tax Act.

  • Authorizes the Department of Human Services to adopt rules for implementing the Direct Cash Assistance Program.

Legislative Description

ILLINOIS FUTURE FUND

Last Action

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

3/27/2026

Committee Referrals

Rules3/27/2026
Cannabis & Intoxicating Products3/26/2026
Executive3/18/2026
Rules1/20/2026

Full Bill Text

No bill text available