Illinois General Assembly - Bill Status for HB5865
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 Bill Status of HB5865  101st General Assembly


Short Description:  MEDICAL CANNABIS FUND-EXCESS

House Sponsors
Rep. Bob Morgan, Jonathan "Yoni" Pizer and Kelly M. Cassidy

Last Action
DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
410 ILCS 130/20


Synopsis As Introduced
Amends the Compassionate Use of Medical Cannabis Program Act. Provides that, if there is an amount in excess of $7,500,000 in the Compassionate Use of Medical Cannabis Fund on the effective date of the amendatory Act, the State Treasurer shall so certify to the Department of Public Health and the State Comptroller, and the Department of Public Health shall certify to the State Comptroller the names and addresses, as well as any other necessary information, of all medical cannabis patients who made any medical cannabis product purchase in the 180-day period preceding the effective date of the amendatory Act. Provides that the State Comptroller shall determine a refund amount by dividing the amount in excess of $7,500,000 by the number of medical cannabis patients certified by the Department of Public Health, and the State Comptroller shall disburse the refund amount to each medical cannabis patient certified by the Department of Public Health. Provides for the issuance of refunds if there is an amount in excess of $7,500,000 in the Fund on June 30, 2022 or June 30 of any subsequent year. Effective immediately.

Actions 
DateChamber Action
  11/25/2020HouseFiled with the Clerk by Rep. Bob Morgan
  11/30/2020HouseAdded Co-Sponsor Rep. Jonathan "Yoni" Pizer
  12/2/2020HouseAdded Co-Sponsor Rep. Kelly M. Cassidy
  1/8/2021HouseFirst Reading
  1/8/2021HouseReferred to Rules Committee
  1/13/2021HouseSession Sine Die

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