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SB 2954

Illinois SenateIn Senate Committee

Summary

SB 2954, “FINANCE-CANNABIS REGULATION”, was introduced in the Senate on Jan 27, 2026 by Sen. Willie Preston (D) with 4 co-sponsors. It was referred to Assignments, and last saw action on May 22, 2026: Rule 3-9(a) / Re-referred to Assignments.


Record

Text

SB 2954 has 4 co-sponsors.

sb2954/introduced.txt
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Full Text of SB2954
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SB2954 - 104th General Assembly
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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
AN ACT concerning finance.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The State Finance Act is amended by changing
Section 6z-112 as follows:
(30 ILCS 105/6z-112)
Sec. 6z-112. The Cannabis Regulation Fund.
(a) There is created the Cannabis Regulation Fund in the
State treasury, subject to appropriations unless otherwise
provided in this Section. All moneys collected under the
Cannabis Regulation and Tax Act shall be deposited into the
Cannabis Regulation Fund, consisting of taxes, license fees,
other fees, and any other amounts required to be deposited or
transferred into the Fund.
(b) Whenever the Department of Revenue determines that a
refund should be made under the Cannabis Regulation and Tax
Act to a claimant, the Department of Revenue shall submit a
voucher for payment to the State Comptroller, who shall cause
the order to be drawn for the amount specified and to the
person named in the notification from the Department of
Revenue. This subsection (b) shall constitute an irrevocable
and continuing appropriation of all amounts necessary for the
payment of refunds out of the Fund as authorized under this
SB2954 - 2 - LRB104 19657 HLH 33106 b
subsection (b).
(c) On or before the 25th day of each calendar month, the
Department of Revenue shall prepare and certify to the State
Comptroller the transfer and allocations of stated sums of
money from the Cannabis Regulation Fund to other named funds
in the State treasury. The amount subject to transfer shall be
the amount of the taxes, license fees, other fees, and any
other amounts paid into the Fund during the second preceding
calendar month, minus the refunds made under subsection (b)
during the second preceding calendar month by the Department.
The transfers shall be certified as follows:
(1) The Department of Revenue shall first determine
the allocations which shall remain in the Cannabis
Regulation Fund, subject to appropriations, to pay for the
direct and indirect costs associated with the
implementation, administration, and enforcement of the
Cannabis Regulation and Tax Act by the Department of
Revenue, the Department of State Police, the Department of
Financial and Professional Regulation, the Department of
Agriculture, the Department of Public Health, the
Department of Commerce and Economic Opportunity, and the
Illinois Criminal Justice Information Authority.
(2) After the allocations have been made as provided
in paragraph (1) of this subsection (c), of the remainder
of the amount subject to transfer for the month as
determined in this subsection (c), the Department shall
SB2954 - 3 - LRB104 19657 HLH 33106 b
certify the transfer into the Cannabis Expungement Fund
1/12 of the fiscal year amount appropriated from the
Cannabis Expungement Fund for payment of costs incurred by
State courts, the Attorney General, State's Attorneys,
civil legal aid, as defined by Section 15 of the Public
Interest Attorney Assistance Act, and the Department of
State Police to facilitate petitions for expungement of
Minor Cannabis Offenses pursuant to Public Act 101-27, as
adjusted by any supplemental appropriation, plus
cumulative deficiencies in such transfers for prior
months.
(3) After the allocations have been made as provided
in paragraphs (1) and (2) of this subsection (c), the
Department of Revenue shall certify to the State
Comptroller and the State Treasurer shall transfer the
amounts that the Department of Revenue determines shall be
transferred into the following named funds according to
the following:
(A) 2% shall be transferred to the Drug Treatment
Fund to be used by the Department of Human Services
for: (i) developing and administering a scientifically
and medically accurate public education campaign
educating youth and adults about the health and safety
risks of alcohol, tobacco, illegal drug use (including
prescription drugs), and cannabis, including use by
pregnant women; and (ii) data collection and analysis
SB2954 - 4 - LRB104 19657 HLH 33106 b
of the public health impacts of legalizing the
recreational use of cannabis. Expenditures for these
purposes shall be subject to appropriations.
(B) 8% shall be transferred to the Local
Government Distributive Fund and allocated as provided
in Section 2 of the State Revenue Sharing Act. The
moneys shall be used to fund crime prevention
programs, training, and interdiction efforts,
including detection, enforcement, and prevention
efforts, relating to the illegal cannabis market and
driving under the influence of cannabis.
(C) 25% shall be transferred to the Criminal
Justice Information Projects Fund to be used for the
purposes of the Restore, Reinvest, and Renew Program
to address economic development, violence prevention
services, re-entry services, youth development, and
civil legal aid, as defined by Section 15 of the Public
Interest Attorney Assistance Act. The Restore,
Reinvest, and Renew Program shall address these issues
through targeted investments and intervention programs
and promotion of an employment infrastructure and
capacity building related to the social determinants
of health in impacted community areas. Expenditures
for these purposes shall be subject to appropriations.
(D) 20% shall be transferred to the Department of
Human Services Community Services Fund, to be used to
SB2954 - 5 - LRB104 19657 HLH 33106 b
address substance abuse and prevention and mental
health concerns, including treatment, education, and
prevention to address the negative impacts of
substance abuse and mental health issues, including
concentrated poverty, violence, and the historical
overuse of criminal justice responses in certain
communities, on the individual, family, and community,
including federal, State, and local governments,
health care institutions and providers, and
correctional facilities. Expenditures for these
purposes shall be subject to appropriations.
(E) 10% shall be transferred to the Budget
Stabilization Fund.
(F) 0.5% shall be transferred to the Prison
Education Fund, a special fund created in the State
treasury. 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.
The Illinois Community College Board and the Board of
Higher Education shall distribute moneys received
under this paragraph as grants to eligible
institutions, informed by regular meetings of relevant
agencies, programs, and affected stakeholders, as
appropriate. Only private non-profit and public
SB2954 - 6 - LRB104 19657 HLH 33106 b
colleges and universities shall be eligible to apply
for grants under this paragraph. The applications from
eligible programs shall be evaluated based on: (i) the
program's commitment to use funding to stabilize and
increase enrollment; (ii) past data on program costs,
enrollment, attendance, and outcomes, including, but
not limited to, credit completion and graduation;
(iii) the program's willingness to collect and report
necessary program data; and (iv) the program's
willingness to take all possible and prudent steps to
receive federal and other sources of funding. Eligible
programs shall apply for and receive no more than
$2,000 per student enrolled in the program, with
excess grant funding returned to the Illinois
Community College Board or the Board of Higher
Education, as applicable, for deposit into the Prison
Education Fund. Undistributed and returned grant
moneys shall be transferred annually from the Prison
Education Fund to the General Revenue Fund.
(G) 34.5%, [(F) 35%,] or any remaining balance,
shall be transferred to the General Revenue Fund.
As soon as may be practical, but no later than 10 days
after receipt, by the State Comptroller of the transfer
certification provided for in this subsection (c) to be given
to the State Comptroller by the Department of Revenue, the
State Comptroller shall direct and the State Treasurer shall
SB2954 - 7 - LRB104 19657 HLH 33106 b
transfer the respective amounts in accordance with the
directions contained in such certification.
(d) On July 1, 2019 the Department of Revenue shall
certify to the State Comptroller and the State Treasurer shall
transfer $5,000,000 from the Compassionate Use of Medical
Cannabis Fund to the Cannabis Regulation Fund.
(e) Notwithstanding any other law to the contrary and
except as otherwise provided in this Section, this Fund is not
subject to sweeps, administrative charge-backs, or any other
fiscal or budgetary maneuver that would in any way transfer
any amounts from this Fund into any other fund of the State.
(f) The Cannabis Regulation Fund shall retain a balance of
$1,000,000 for the purposes of administrative costs.
(g) In Fiscal Year 2024 the allocations in subsection (c)
of this Section shall be reviewed and adjusted if the General
Assembly finds there is a greater need for funding for a
specific purpose in the State as it relates to Public Act
101-27.
(Source: P.A. 101-27, eff. 6-25-19; 102-558, eff. 8-20-21.)

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.

Sponsors

Sen. Willie Preston (D) sponsors SB 2954, and 4 members have co-sponsored it.

Committees

SB 2954 went before 2 committees: Assignments and Appropriations Education.

Assignments
Assignments
Referred to · Jan 27, 2026
Appropriations Education
Appropriations Education
Referred to · Feb 3, 2026

History

SB 2954 has taken 12 actions since Jan 27, 2026, the latest on May 22, 2026.

ChamberAction
May 22, 2026
Senate
Rule 3-9(a) / Re-referred to Assignments
May 15, 2026
Senate
Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026
Apr 24, 2026
Senate
Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026
Apr 21, 2026
Senate
Added as Co-Sponsor Sen. Kimberly A. Lightford
Mar 13, 2026
Senate
Rule 2-10 Committee Deadline Established As April 24, 2026

Votes

SB 2954 has not gone to a roll call.


Source: ilga.gov · legiscan.com