Bill Texts: IL HB5827 | 2013-2014 | 98th General Assembly

Bill Title: Amends the Compassionate Use of Medical Cannabis Pilot Program Act. Imposes (1) an additional tax upon the privilege of cultivating medical cannabis at the rate of 50% of the sales price per ounce, (2) a tax upon the privilege of dispensing medical cannabis at a rate of 25% of the sales price per ounce, and (3) a tax upon the privilege of using medical cannabis at a rate of 15% of the sales price per ounce. Provides that proceeds from the taxes shall be deposited into the General Revenue Fund and specifies the manner in which the proceeds shall be used.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Failed) 2014-12-03 - Session Sine Die [HB5827 Detail]

Bill Drafts

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Introduced2014-02-14HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois HB5827

Supplemental Documents

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No supplemental documents for Illinois HB5827 currently on file.

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