INDUSTRIAL HEMP ACT House SponsorsRep. La Shawn K. Ford-Maurice A. West, II-Dave Vella, Kevin John Olickal, Abdelnasser Rashid and Theresa Mah 1/7/2025HouseSession Sine Die 35 ILCS 5/203235 ILCS 5/6-29.2 new505 ILCS 89/3 new505 ILCS 89/5505 ILCS 89/7 new505 ILCS 89/8 new505 ILCS 89/8-5 new505 ILCS 89/10505 ILCS 89/11 new505 ILCS 89/15505 ILCS 89/16 new505 ILCS 89/17505 ILCS 89/18505 ILCS 89/18.5 new505 ILCS 89/18.10 new505 ILCS 89/19505 ILCS 89/20505 ILCS 89/21 new505 ILCS 89/22 new505 ILCS 89/22.5 new505 ILCS 89/22.10 new505 ILCS 89/22.15 new505 ILCS 89/23 new505 ILCS 89/23.10 new505 ILCS 89/23.15 new505 ILCS 89/23.20 new505 ILCS 89/23.25 new505 ILCS 89/23.30 new505 ILCS 89/23.35 new505 ILCS 89/24 new505 ILCS 89/25505 ILCS 89/26 new505 ILCS 89/27 new505 ILCS 89/28 new505 ILCS 89/30 new505 ILCS 89/35 new505 ILCS 89/40 new505 ILCS 89/45 new505 ILCS 89/50 new505 ILCS 89/55 new505 ILCS 89/60 new505 ILCS 89/65 new505 ILCS 89/80 new505 ILCS 89/100 new Amends the Illinois Income Tax Act. Sets forth provisions concerning the computation of taxes related to minority and other specific priority population owned business in the State. Amends the Liquor Control Act of 1934. Provides that hemp extract, hemp cannabinoid products, and any other ingredient or product derived from hemp made in compliance with State law or the originating jurisdiction shall be considered fit for human consumption and shall not be considered injurious to health or deleterious for human consumption. Sets forth provisions relating to license holders under the Act as it relates to hemp cannabinoid and cannabinoid products. Amends the Industrial Hemp Act. Establishes provisions that will enable the State to regulate hemp-derived cannabinoids. Sets forth the limitation and penalties concerning the unlawful use of hemp cannabinoid, and distinguishes the lawful use of hemp-derived cannabinoids. Sets forth other provisions concerning licenses and registration of cultivating industrial hemp, rules, administrative hearings and judicial review, loans and grants, immunity, age verification, packaging and labeling of hemp cannabinoid products, laboratory approvals, testing requirements, violations of State and federal law, licensing and regulation of hemp processors and hemp food establishments, academic research institutions, government demonstration and research entity, and cannabinoid retail tax. Limits home rule powers by providing that, except as otherwise provided in the Act, the regulation and permitting of the activities described in the Act are exclusive powers and functions of the State. Defines terms. 2/9/2024HouseFiled with the Clerk by Rep. La Shawn K. Ford 2/9/2024HouseFirst Reading 2/9/2024HouseReferred to Rules Committee 3/21/2024HouseAdded Chief Co-Sponsor Rep. Maurice A. West, II 3/27/2024HouseAssigned to Executive Committee 4/5/2024HouseRule 19(a) / Re-referred to Rules Committee 4/16/2024HouseAdded Co-Sponsor Rep. Kevin John Olickal 4/18/2024HouseAdded Chief Co-Sponsor Rep. Dave Vella 4/19/2024HouseAdded Co-Sponsor Rep. Abdelnasser Rashid 11/15/2024HouseAdded Co-Sponsor Rep. Theresa Mah 1/7/2025HouseSession Sine Die