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<xml>
<title>Illinois General Assembly - Bill Status for HB 4465         </title>
<shortdesc>MEDICAL CANNABIS-TAX</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Sonya M. Harper</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 120/2-10</reference><aliasreference></aliasreference><reference>410 ILCS 705/65-10</reference><aliasreference></aliasreference><SynopsisText>     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.</SynopsisText></synopsis>
<actions>
<statusdate>1/16/2024</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Sonya M. Harper</action>
<statusdate>1/16/2024</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/16/2024</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/27/2024</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>4/5/2024</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

