Illinois HB5815 establishes the Illinois Freedom Fund to provide direct cash payments to individuals disproportionately impacted by historical.
HB5815 creates the Illinois Freedom Fund, a special fund in the State treasury, using incremental growth in cannabis tax revenue. The fund will issue direct cash payments to eligible individuals affected by historical cannabis enforcement. The fund will also allocate money to various programs, including the Drug Treatment Fund, the Department of Human Services Community Services Fund, the Budget Stabilization Fund, and the General Fund. The Cannabis Equity Commission will oversee the fund's creation and operation, ensuring equity goals in the cannabis industry are met.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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