IL SB3480 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 8 2024 - 25% progression
Action: 2024-06-26 - Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 8 2024 - 25% progression
Action: 2024-06-26 - Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Compassionate Use of Medical Cannabis Program Act. Provides that the Department of Financial and Professional Regulation shall adopt rules to create a registration process for Adult Use Dispensing Organization Social Equity Licenses, as defined in the Cannabis Regulation and Tax Act, to sell cannabis under the Act. Provides that the registration process shall be available to all Adult Use Dispensing Organization Social Equity Licenses within 30 days of the issuance of the Adult Use Dispensing Organization Social Equity License. Amends the Cannabis Regulation and Tax Act. Defines "Adult Use Dispensing Organization Social Equity License". In the findings provisions of the Social Equity in the Cannabis Industry Article of the Act, provides that the General Assembly also finds and recognizes that the dispensaries established under the Compassionate Use of Medical Cannabis Program Act enacted in 2014 have inadvertently placed those dispensaries with an Adult Use Dispensing Organization Social Equity License at a competitive disadvantage. Provides that this competitive imbalance stems primarily from the established dispensaries' existing market presence and their capacity to sell cannabis to a well-established medical patient base at lower prices, a benefit derived from the exemption of certain taxes applicable to medical cannabis sales.
Title
MEDICAL CANNABIS-DISPENSE
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-06-26 | Senate | Pursuant to Senate Rule 3-9(b) / Referred to Assignments |
| 2024-05-25 | Senate | Rule 2-10 Committee/3rd Reading Deadline Established As May 26, 2024 |
| 2024-05-24 | Senate | Rule 2-10 Committee/3rd Reading Deadline Established As May 25, 2024 |
| 2024-05-17 | Senate | Rule 2-10 Committee Deadline Established As May 24, 2024 |
| 2024-05-03 | Senate | Rule 2-10 Committee/3rd Reading Deadline Established As May 17, 2024 |
| 2024-04-12 | Senate | Rule 2-10 Third Reading Deadline Established As May 3, 2024 |
| 2024-04-05 | Senate | Rule 2-10 Committee Deadline Established As May 3, 2024 |
| 2024-03-15 | Senate | Rule 2-10 Committee Deadline Established As April 5, 2024 |
| 2024-03-07 | Senate | To Subcommittee on Cannabis |
| 2024-02-20 | Senate | Assigned to Executive |
| 2024-02-08 | Senate | Referred to Assignments |
| 2024-02-08 | Senate | First Reading |
| 2024-02-08 | Senate | Filed with Secretary by Sen. Adriane Johnson |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 410 | 130 | 115 | Amended Code | Citation Text |
| 410 | 705 | 1-10 | Amended Code | Citation Text |
| 410 | 705 | 7-1 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3480&GAID=17&DocTypeID=SB&SessionID=112&GA=103 |
| Text | https://www.ilga.gov/legislation/103/SB/10300SB3480.htm |
