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<xml>
<title>Illinois General Assembly - Bill Status for HB 5827         </title>
<shortdesc>CANNABIS PILOT PGRM-TAXES</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. John D. Cavaletto</sponsors>
</sponsor>
<lastaction>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>410 ILCS 130/200</reference><aliasreference></aliasreference><SynopsisText>     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.</SynopsisText></synopsis>
<actions>
<statusdate>2/14/2014</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. John D. Cavaletto</action>
<statusdate>2/14/2014</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/14/2014</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

