ETHICS-CANNABIS BUS OWNERSHIP Senate SponsorsSen. Jason Plummer 1/13/2021SenateSession Sine Die 5 ILCS 430/5-70 newAmends the State Officials and Employees Ethics Act. Provides that no member of the General Assembly or immediate family member of the member shall, during that member's term of office, hold any ownership interest in any privately held cannabis enterprise or business, or any interest in a publicly traded cannabis company, other than a passive interest in such company. Provides that no employee of the General Assembly or of a member shall, during his or her employment, hold any ownership interest in any privately held cannabis enterprise or business, or any interest in a publicly traded cannabis company, other than a passive interest in such company. Provides that any member or immediate family member of the member holding an ownership interest in any cannabis enterprise or business as of the effective date of this amendatory Act shall divest himself or herself of that interest. Provides that any employee of the General Assembly or of a member holding an ownership interest in any cannabis enterprise or business as of the effective date of this amendatory Act shall divest himself or herself of that interest. Provides that no member or immediate family member of the member shall, during that member's term of office, receive any form of compensation for services rendered to or employment with any cannabis enterprise or business. Provides that no employee of the General Assembly or of a member shall, during his or her employment, receive any form of compensation for services rendered to or employment with any cannabis enterprise or business. Defines "immediate family member". 1/8/2020SenateFiled with Secretary by Sen. Jason Plummer 1/8/2020SenateFirst Reading 1/8/2020SenateReferred to Assignments 5/24/2020SenateApproved for Consideration Assignments 5/24/2020SenateRule 2-10(a) Third Reading Deadline Established As June 23, 2020 5/24/2020SenatePlaced on Calendar Order of 2nd Reading November 7, 2020 6/24/2020SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments 1/13/2021SenateSession Sine Die