FINANCE-CANNABIS REGULATION

Illinois General Assembly - Full Text of SB2954

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104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
SB2954

Introduced 1/27/2026, by Sen. Willie Preston

SYNOPSIS AS INTRODUCED:

30 ILCS 105/6z-112

Amends the State Finance Act. Creates the Prison Education Fund.
Provides that moneys in the Prison Education Fund shall be used by the
Illinois Community College Board and the Board of Higher Education to make
grants to prison education programs that award associate degrees or
bachelor's degrees to currently incarcerated students. Makes changes
concerning the allocation of money from the Cannabis Regulation Fund.
Provides that 0.5% of the moneys in the Cannabis Regulation Fund, after
certain allocations have been made, shall be transferred from the Cannabis
Regulation Fund to the Prison Education Fund.
LRB104 19657 HLH 33106 b

A BILL FOR

SB2954
LRB104 19657 HLH 33106 b
1

AN ACT concerning finance.

2

Be it enacted by the People of the State of Illinois,
3
represented in the General Assembly:

4

Section 5.
The State Finance Act is amended by changing
5
Section 6z-112 as follows:

6

(30 ILCS 105/6z-112)
7

Sec. 6z-112.
The Cannabis Regulation Fund.
8

(a) There is created the Cannabis Regulation Fund in the
9
State treasury, subject to appropriations unless otherwise
10
provided in this Section. All moneys collected under the
11
Cannabis Regulation and Tax Act shall be deposited into the
12
Cannabis Regulation Fund, consisting of taxes, license fees,
13
other fees, and any other amounts required to be deposited or
14
transferred into the Fund.
15

(b) Whenever the Department of Revenue determines that a
16
refund should be made under the Cannabis Regulation and Tax
17
Act to a claimant, the Department of Revenue shall submit a
18
voucher for payment to the State Comptroller, who shall cause
19
the order to be drawn for the amount specified and to the
20
person named in the notification from the Department of
21
Revenue. This subsection (b) shall constitute an irrevocable
22
and continuing appropriation of all amounts necessary for the
23
payment of refunds out of the Fund as authorized under this

SB2954
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LRB104 19657 HLH 33106 b
1
subsection (b).
2

(c) On or before the 25th day of each calendar month, the
3
Department of Revenue shall prepare and certify to the State
4
Comptroller the transfer and allocations of stated sums of
5
money from the Cannabis Regulation Fund to other named funds
6
in the State treasury. The amount subject to transfer shall be
7
the amount of the taxes, license fees, other fees, and any
8
other amounts paid into the Fund during the second preceding
9
calendar month, minus the refunds made under subsection (b)
10
during the second preceding calendar month by the Department.
11
The transfers shall be certified as follows:
12

(1) The Department of Revenue shall first determine
13

the allocations which shall remain in the Cannabis
14

Regulation Fund, subject to appropriations, to pay for the
15

direct and indirect costs associated with the
16

implementation, administration, and enforcement of the
17

Cannabis Regulation and Tax Act by the Department of
18

Revenue, the Department of State Police, the Department of
19

Financial and Professional Regulation, the Department of
20

Agriculture, the Department of Public Health, the
21

Department of Commerce and Economic Opportunity, and the
22

Illinois Criminal Justice Information Authority.
23

(2) After the allocations have been made as provided
24

in paragraph (1) of this subsection (c), of the remainder
25

of the amount subject to transfer for the month as
26

determined in this subsection (c), the Department shall

SB2954
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LRB104 19657 HLH 33106 b
1

certify the transfer into the Cannabis Expungement Fund
2

1/12 of the fiscal year amount appropriated from the
3

Cannabis Expungement Fund for payment of costs incurred by
4

State courts, the Attorney General, State's Attorneys,
5

civil legal aid, as defined by Section 15 of the Public
6

Interest Attorney Assistance Act, and the Department of
7

State Police to facilitate petitions for expungement of
8

Minor Cannabis Offenses pursuant to Public Act 101-27, as
9

adjusted by any supplemental appropriation, plus
10

cumulative deficiencies in such transfers for prior
11

months.
12

(3) After the allocations have been made as provided
13

in paragraphs (1) and (2) of this subsection (c), the
14

Department of Revenue shall certify to the State
15

Comptroller and the State Treasurer shall transfer the
16

amounts that the Department of Revenue determines shall be
17

transferred into the following named funds according to
18

the following:
19

(A) 2% shall be transferred to the Drug Treatment
20

Fund to be used by the Department of Human Services
21

for: (i) developing and administering a scientifically
22

and medically accurate public education campaign
23

educating youth and adults about the health and safety
24

risks of alcohol, tobacco, illegal drug use (including
25

prescription drugs), and cannabis, including use by
26

pregnant women; and (ii) data collection and analysis

SB2954
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LRB104 19657 HLH 33106 b
1

of the public health impacts of legalizing the
2

recreational use of cannabis. Expenditures for these
3

purposes shall be subject to appropriations.
4

(B) 8% shall be transferred to the Local
5

Government Distributive Fund and allocated as provided
6

in Section 2 of the State Revenue Sharing Act. The
7

moneys shall be used to fund crime prevention
8

programs, training, and interdiction efforts,
9

including detection, enforcement, and prevention
10

efforts, relating to the illegal cannabis market and
11

driving under the influence of cannabis.
12

(C) 25% shall be transferred to the Criminal
13

Justice Information Projects Fund to be used for the
14

purposes of the Restore, Reinvest, and Renew Program
15

to address economic development, violence prevention
16

services, re-entry services, youth development, and
17

civil legal aid, as defined by Section 15 of the Public
18

Interest Attorney Assistance Act. The Restore,
19

Reinvest, and Renew Program shall address these issues
20

through targeted investments and intervention programs
21

and promotion of an employment infrastructure and
22

capacity building related to the social determinants
23

of health in impacted community areas. Expenditures
24

for these purposes shall be subject to appropriations.
25

(D) 20% shall be transferred to the Department of
26

Human Services Community Services Fund, to be used to

SB2954
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LRB104 19657 HLH 33106 b
1

address substance abuse and prevention and mental
2

health concerns, including treatment, education, and
3

prevention to address the negative impacts of
4

substance abuse and mental health issues, including
5

concentrated poverty, violence, and the historical
6

overuse of criminal justice responses in certain
7

communities, on the individual, family, and community,
8

including federal, State, and local governments,
9

health care institutions and providers, and
10

correctional facilities. Expenditures for these
11

purposes shall be subject to appropriations.
12

(E) 10% shall be transferred to the Budget
13

Stabilization Fund.
14

(F) 0.5% shall be transferred to the Prison
15

Education Fund, a special fund created in the State
16

treasury. Moneys in the Prison Education Fund shall be
17

used by the Illinois Community College Board and the
18

Board of Higher Education to make grants to prison
19

education programs that award associate degrees or
20

bachelor's degrees to currently incarcerated students.
21

The Illinois Community College Board and the Board of
22

Higher Education shall distribute moneys received
23

under this paragraph as grants to eligible
24

institutions, informed by regular meetings of relevant
25

agencies, programs, and affected stakeholders, as
26

appropriate. Only private non-profit and public

SB2954
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LRB104 19657 HLH 33106 b
1

colleges and universities shall be eligible to apply
2

for grants under this paragraph. The applications from
3

eligible programs shall be evaluated based on: (i) the
4

program's commitment to use funding to stabilize and
5

increase enrollment; (ii) past data on program costs,
6

enrollment, attendance, and outcomes, including, but
7

not limited to, credit completion and graduation;
8

(iii) the program's willingness to collect and report
9

necessary program data; and (iv) the program's
10

willingness to take all possible and prudent steps to
11

receive federal and other sources of funding. Eligible
12

programs shall apply for and receive no more than
13

$2,000 per student enrolled in the program, with
14

excess grant funding returned to the Illinois
15

Community College Board or the Board of Higher
16

Education, as applicable, for deposit into the Prison
17

Education Fund. Undistributed and returned grant
18

moneys shall be transferred annually from the Prison
19

Education Fund to the General Revenue Fund.

20

(G) 34.5%,

(F) 35%,
or any remaining balance,
21

shall be transferred to the General Revenue Fund.
22

As soon as may be practical, but no later than 10 days
23
after receipt, by the State Comptroller of the transfer
24
certification provided for in this subsection (c) to be given
25
to the State Comptroller by the Department of Revenue, the
26
State Comptroller shall direct and the State Treasurer shall

SB2954
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LRB104 19657 HLH 33106 b
1
transfer the respective amounts in accordance with the
2
directions contained in such certification.
3

(d) On July 1, 2019 the Department of Revenue shall
4
certify to the State Comptroller and the State Treasurer shall
5
transfer $5,000,000 from the Compassionate Use of Medical
6
Cannabis Fund to the Cannabis Regulation Fund.
7

(e) Notwithstanding any other law to the contrary and
8
except as otherwise provided in this Section, this Fund is not
9
subject to sweeps, administrative charge-backs, or any other
10
fiscal or budgetary maneuver that would in any way transfer
11
any amounts from this Fund into any other fund of the State.
12

(f) The Cannabis Regulation Fund shall retain a balance of
13
$1,000,000 for the purposes of administrative costs.
14

(g) In Fiscal Year 2024 the allocations in subsection (c)
15
of this Section shall be reviewed and adjusted if the General
16
Assembly finds there is a greater need for funding for a
17
specific purpose in the State as it relates to Public Act
18
101-27.
19
(Source: P.A. 101-27, eff. 6-25-19; 102-558, eff. 8-20-21.)

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