Illinois General Assembly - Bill Status for HB4194
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 Bill Status of HB4194  102nd General Assembly


Short Description:  CANNABIS-THC OIL SET ASIDE

House Sponsors
Rep. La Shawn K. Ford

Last Action
DateChamber Action
  2/18/2022HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
410 ILCS 705/20-45


Synopsis As Introduced
Amends the Cannabis Regulation and Tax Act. Provides that, as a condition for the renewal of a cultivation center's license, and until January 1, 2027, a cultivation center shall set aside and offer wholesale to infuser organizations an amount of the cultivation center's monthly THC oil production. Requires the Department of Agriculture to ensure that for all cultivation centers the cumulative monthly amount of THC oil that is set aside and made available to infuser organizations is no less than specified amounts for calendar years 2022 through 2026. Requires the Department to establish a formula to establish fair THC oil set aside amount targets for each individual cultivation center in proportion to that cultivation center's production capacity. Provides that the set aside amount shall first be offered for sale exclusively to infuser organizations for a limited time. Provides that the Department shall develop a mechanism to ensure that the quality of THC oil included in a set aside amount is of consistent quality and is sold at market rates or better. Provides that the Department's administrative expenses from implementing the provisions shall be fully funded from tax revenue received by the State under the Act. Contains other provisions. Effective immediately.

Actions 
DateChamber Action
  10/26/2021HouseFiled with the Clerk by Rep. La Shawn K. Ford
  10/26/2021HouseFirst Reading
  10/26/2021HouseReferred to Rules Committee
  2/9/2022HouseAssigned to Executive Committee
  2/18/2022HouseRule 19(a) / Re-referred to Rules Committee

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