HB5039 - 104th General Assembly (2025-2026)

INDUSTRIAL HEMP ACT
Last Action
2/10/2026 - House: Referred to Rules Committee
House Sponsors
Rep. Sonya M. Harper
Statutes Amended In Order of Appearance
30 ILCS 105/5.1038 new  
35 ILCS 5/203  from Ch. 120, par. 2-203
35 ILCS 143/10-5  
235 ILCS 5/6-29.2 new  
505 ILCS 89/3 new  
505 ILCS 89/5  
505 ILCS 89/5.1 new  
505 ILCS 89/5.2 new  
505 ILCS 89/5.3 new  
505 ILCS 89/5.4 new  
505 ILCS 89/5.5 new  
505 ILCS 89/5.6 new  
505 ILCS 89/5.7 new  
505 ILCS 89/5.8 new  
505 ILCS 89/5.9 new  
505 ILCS 89/5.10 new  
505 ILCS 89/5.11 new  
505 ILCS 89/5.12 new  
505 ILCS 89/5.13 new  
505 ILCS 89/7 new  
505 ILCS 89/8 new  
505 ILCS 89/8-5 new  
505 ILCS 89/10  
505 ILCS 89/11 new  
505 ILCS 89/15  
505 ILCS 89/16 new  
505 ILCS 89/17  
505 ILCS 89/18  
505 ILCS 89/18.5 new  
505 ILCS 89/18.10 new  
505 ILCS 89/19  
505 ILCS 89/20  
505 ILCS 89/21 new  
505 ILCS 89/22 new  
505 ILCS 89/22.5 new  
505 ILCS 89/22.10 new  
505 ILCS 89/22.15 new  
505 ILCS 89/23 new  
505 ILCS 89/23.10 new  
505 ILCS 89/23.15 new  
505 ILCS 89/23.20 new  
505 ILCS 89/23.25 new  
505 ILCS 89/23.30 new  
505 ILCS 89/23.35 new  
505 ILCS 89/24 new  
505 ILCS 89/25  
505 ILCS 89/26 new  
505 ILCS 89/27 new  
505 ILCS 89/28 new  
505 ILCS 89/30 new  
505 ILCS 89/35 new  
505 ILCS 89/40 new  
505 ILCS 89/45 new  
505 ILCS 89/50 new  
505 ILCS 89/55 new  
505 ILCS 89/60 new  
505 ILCS 89/65 new  
505 ILCS 89/80 new  
505 ILCS 89/100 new  
Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates a corporate income tax deduction for hemp business establishments in an amount equal to 50% of the income generated by the sale of products made by businesses owned by minority and other specific priority-population-owned businesses. Amends the Tobacco Products Tax Act of 1995 to exclude hemp-cannabinoid products subject to tax under the Industrial Hemp Act from the definition of tobacco products. Amends the Liquor Control Act of 1934 to provide that hemp extract and hemp-cannabinoid products made in compliance with State law are considered fit for human consumption. Authorizes liquor license holders to manufacture, distribute, and sell such products. Amends the Industrial Hemp Act to establish a comprehensive regulatory framework for hemp and hemp-derived cannabinoid products, including licensing, registration, packaging and labeling standards, age verification, laboratory testing, recordkeeping, enforcement, and penalties. Creates the Hemp Social Equity Fund to support loans, grants, and technical assistance for social equity applicants. Makes conforming changes to the State Finance Act. Effective January 1, 2027.
Actions
DateChamberAction
2/04/2026HouseFiled with the Clerk by Rep. Sonya M. Harper
2/10/2026HouseFirst Reading
2/10/2026HouseReferred to Rules Committee