Illinois HB 5582: INS-TITLE INSURANCE/VARIOUS

Status: Session Sine Die (as of 2023-01-10)

State: Illinois · Session: 102nd · Bill: HB 5582

Sponsors: Camille Y. Lilly

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 Full Text of HB5582

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104TH GENERAL ASSEMBLY 
State of Illinois 
2025 and 2026
HB5582

Introduced 2/13/2026, by Rep. Sonya M. Harper 

SYNOPSIS AS INTRODUCED:

410 ILCS 705/7-20

 Amends the Cannabis Regulation and Tax Act. Requires waiver of 50% of any nonrefundable license application fees, any nonrefundable fees associated with purchasing a license to operate a cannabis business establishment, and any surety bond or other financial requirements for a Social Equity Applicant who promises to open and operate the business in a Disproportionately Impacted Area and who promises to hire and employ at least 40% of all employees and contracted labor from persons residing in or headquartered in the Disproportionately Impacted Area where the business will be located. Provides that a breach of a promise by an applicant under those provisions shall constitute a violation of the Act. Provides that fee waivers or other requirement waivers under 2 different specified provisions relating to Social Equity Applicants may not be cumulative, and an applicant who qualifies under both may only choose one.

LRB104 18243 BDA 31682 b

A BILL FOR

HB5582LRB104 18243 BDA 31682 b

1 AN ACT concerning health.

2 Be it enacted by the People of the State of Illinois, 

3represented in the General Assembly:

4 Section 5. The Cannabis Regulation and Tax Act is amended 

5by changing Section 7-20 as follows:

6 (410 ILCS 705/7-20)

7 Sec. 7-20. Fee waivers. 

8 (a) For Social Equity Applicants, the Department of 

9Financial and Professional Regulation and the Department of 

10Agriculture shall waive 50% of any nonrefundable license 

11application fees, any nonrefundable fees associated with 

12purchasing a license to operate a cannabis business 

13establishment, and any surety bo

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