Rep. Jehan Gordon-Booth

Amends the Cannabis Regulation and Tax Act. Makes a technical change in a Section concerning the short title.

Amends the Community Development Loan Guarantee Act. Provides that the State Treasurer may establish the Loan Guarantee Program by establishing one or more Loan Guarantee Accounts at approved financial institutions (currently, one Account as a special account outside the State treasury with the State Treasurer as custodian). Provides that moneys in a Loan Guarantee Account may be paid to a participating financial institution to cover losses on guaranteed loans up to the full amount in the Account or the amount of loss, whichever is lesser. Provides that the State of Illinois and the State Treasurer shall not be responsible for any losses in excess of the full amount in the Loan Guarantee Account designated for a participating financial institution. Provides that the State Treasurer may withdraw funds from any Loan Guarantee Account for a financial institution's failure to comply with Program requirements. Makes conforming and other changes. Effective immediately.

Amends the State Finance Act. Modifies the allocation of moneys from the Cannabis Regulation Fund. Provides that 4% (currently 8%) of specified moneys shall be transferred to the Local Government Distributive Fund to be used for law enforcement training programs (currently, crime prevention programs, training, and interdiction efforts). Provides that 24% (currently, 20%) of specified moneys shall be transferred to the Department of Human Services Community Services Fund to be used for specified purposes. Makes conforming changes. House Floor Amendment No. 1 Replaces everything after the enacting clause. Reinserts the provisions of the introduced bill with changes. Further modifies the allocation of moneys from the Cannabis Regulation Fund. Restores provision specifying that 8% (rather than 4%) of specified moneys shall be transferred to the Local Government Distributive Fund to be used for specified purposes. Reallocates the use of the 8% of moneys for specified purposes. Restores provision specifying that 20% (rather than 24%) of specified moneys shall be transferred to the Department of Human Services Community Services Fund to be used for specified purposes. Makes conforming changes.

Amends the Historic Preservation Tax Credit Act. Provides that the aggregate amount of credits awarded under the Act to a particular taxpayer may not exceed $3,000,000. Provides that the total amount of expenditures must equal at least $5,000 and (currently, "or") exceed the adjusted basis of the structure. Provides that the taxpayer may not receive a credit under the Act and a River Edge redevelopment credit for the same qualified expenditures or rehabilitation plan. Makes changes concerning the allocation of credits. Makes various technical changes. Amends the Illinois Income Tax Act. Makes changes to the historic preservation credit to include limited liability companies. Effective immediately.

Amends the Compassionate Use of Medical Cannabis Program Act. Provides that an agent may begin employment at a cultivation center while the agent's identification card application is pending. Amends the Cannabis Regulation and Tax Act. Requires the Department of Financial and Professional Regulation to award 75 Conditional Adult Use Dispensing Organization Licenses before May 1, 2020 (currently, up to 75) and an additional 75 Conditional Adult Use Dispensing Organization Licenses through a Qualifying Applicant Lottery. Removes language requiring the Department to inspect the physical space selected by a conditional licensee before the conditional licensee receives an authorization to build out the dispensing organization from the Department. Contains provisions concerning the Qualifying Applicant Lottery. Sets forth provisions regarding the method of distribution of licenses when tied applicants exist in a BLS Region. Provides that specified agents may begin employment at specified entities while the agents' identification card applications are pending. Amends the Illinois Vehicle Code. Provides that containers used to store cannabis in a motor vehicle upon a highway in this State must be secured and inaccessible and must be sealed or resealable (currently, only sealed). Makes other changes. Effective immediately.

Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that the Department of Commerce and Economic Opportunity shall compile a map of vacant commercial buildings, open land, and incentives for the purpose of assisting businesses in finding available space to expand. Provides that counties and municipalities shall provide locations of vacant commercial buildings and open land to the Department at least quarterly. Effective immediately.

Amends the Counties Code and the Illinois Municipal Code. Provides that the corporate authorities of a county or municipality may license or regulate businesses operating as a public accommodation that permit the consumption of cannabis on the business premises and that are not regulated under the Cannabis Regulation and Tax Act. Provides an exemption from a provision of the Cannabis Regulation and Tax Act. Defines "public accommodation". Effective immediately.

Amends the Election Code. Repeals provisions that prohibit a person that is serving a sentence of confinement in any penal institution from voting until his or her release from confinement. Effective January 1, 2022.

Amends the Cannabis Regulation and Tax Act. Makes a technical change in a Section concerning the short title.

Creates a new Division in the Counties Code. Creates the Peoria County Land Bank Authority pilot program with the purpose to use available resources to facilitate the return of vacant, abandoned, and tax-delinquent properties to productive use in order to combat community deterioration, create economic growth, and stabilize the housing and job market. Provides that the Authority is an agency of and funded by Peoria County and that the Authority's Board of Directors are accountable to the Peoria County Board. Contains provisions relating to the appointment of members to the Authority's Board of Directors and operation of the Authority. Allows the hiring of an Executive Director and other staff. Provides that Peoria County shall defend and indemnify the Authority's Board of Directors under specified circumstances. Requires Peoria County to yearly report to the General Assembly of the Authority's effectiveness in meeting the Authority's purposes. Repeals the Division January 1, 2025.