Illinois General Assembly - Bill Status for HB4465

Synopsis As Introduced
Amends the Retailers' Occupation Tax Act. In a provision concerning the rate of tax, provides that the definition "prescription and nonprescription medicine and drugs" includes cannabis or cannabis-infused products purchased from a dispensing organization under the Cannabis Regulation and Tax Act by a cardholder under the Compassionate Use of Medical Cannabis Act. Amends the Cannabis Regulation and Tax Act. Provides that the tax imposed under the provisions is not imposed on cannabis-infused product that is subject to tax under the Compassionate Use of Medical Cannabis Program Act or cannabis or cannabis-infused product sold to a cardholder under the Compassionate Use of Medical Cannabis Program Act. Effective January 1, 2026.

Actions

Date	Chamber	Action
1/16/2024	House	Filed with the Clerk by Rep. Sonya M. Harper
1/16/2024	House	First Reading
1/16/2024	House	Referred to Rules Committee
3/27/2024	House	Assigned to Executive Committee
4/5/2024	House	Rule 19(a) / Re-referred to Rules Committee

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