Bill Status of SB 3480   103rd General Assembly


Short Description:  MEDICAL CANNABIS-DISPENSE

Senate Sponsors
Sen. Adriane Johnson

Last Action  View All Actions

DateChamber Action
  6/26/2024SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments

Statutes Amended In Order of Appearance
410 ILCS 130/115
410 ILCS 705/1-10
410 ILCS 705/7-1

Synopsis As Introduced
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.

Actions 
DateChamber Action
  2/8/2024SenateFiled with Secretary by Sen. Adriane Johnson
  2/8/2024SenateFirst Reading
  2/8/2024SenateReferred to Assignments
  2/20/2024SenateAssigned to Executive
  3/7/2024SenateTo Subcommittee on Cannabis
  3/15/2024SenateRule 2-10 Committee Deadline Established As April 5, 2024
  4/5/2024SenateRule 2-10 Committee Deadline Established As May 3, 2024
  4/12/2024SenateRule 2-10 Third Reading Deadline Established As May 3, 2024
  5/3/2024SenateRule 2-10 Committee/3rd Reading Deadline Established As May 17, 2024
  5/17/2024SenateRule 2-10 Committee Deadline Established As May 24, 2024
  5/24/2024SenateRule 2-10 Committee/3rd Reading Deadline Established As May 25, 2024
  5/25/2024SenateRule 2-10 Committee/3rd Reading Deadline Established As May 26, 2024
  6/26/2024SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments

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