HB3915 103RD GENERAL ASSEMBLY

LRB103 27155 CPF 53524 b

103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024
HB3915

Introduced 2/17/2023, by Rep. Justin Slaughter

SYNOPSIS AS INTRODUCED:

410 ILCS 705/40-5

Amends the Cannabis Regulation and Tax Act. Provides that entities awarded a cannabis transporting license may defer paying the associated license fee for a period of no more than one year. Provides that, from January 1, 2024 through January 1, 2029, the Department shall not issue any transporting licenses, except those transporting licenses issued before the effective date of the amendatory Act.

A BILL FOR

AN ACT concerning health.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Cannabis Regulation and Tax Act is amended by changing Section 40-5 as follows:

(410 ILCS 705/40-5)

Sec. 40-5. Issuance of licenses.

(a) The Department shall issue transporting licenses through a process provided for in this Article no later than July 1, 2020. Entities awarded a license under this Section may defer paying the associated license fee for a period of no more than one year.

(b) The Department shall make the application for transporting organization licenses available on January 7, 2020 and shall receive such applications no later than March 15, 2020. The Department of Agriculture shall make available such applications on every January 7 thereafter or if that date falls on a weekend or holiday, the business day immediately succeeding the weekend or holiday and shall receive such applications no later than March 15 or the succeeding business day thereafter.

(c) From January 1, 2024 through January 1, 2029, the Department shall not issue any transporting licenses, except those transporting licenses issued under subsection (a) before the effective date of this amendatory Act of the 103rd General Assembly.

(Source: P.A. 101-27, eff. 6-25-19; 101-593, eff. 12-4-19.)