Illinois Compiled Statutes 35 Revenue: Article -
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 1
This Act shall be known and may be cited as the "Cannabis and Controlled Substances Tax Act". (Source: P.A. 85-663.)
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 2
As used in this Act: "Cannabis" has the same meaning specified in Section 3 of the Cannabis Control Act. "Controlled Substance" means a drug,...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 3
The Director shall administer this Act. Payment of taxes and penalties required by this Act must be made in the form and manner required...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 4
The Department shall promulgate rules necessary to enforce this Act. The Department shall adopt a uniform system of providing, affixing, and displaying official stamps,...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 5
No dealer may possess any cannabis or controlled substance upon which a tax is imposed by this Act unless the tax has been paid...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 6
Nothing in this Act may in any manner provide immunity for a dealer from criminal prosecution pursuant to Illinois law. (Source: P.A. 85-663)
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 7
Nothing in this Act requires persons registered under the Illinois Controlled Substances Act or otherwise lawfully in possession of cannabis or a controlled substance...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 8
For the purpose of calculating the tax under this Act, a gram of cannabis or other controlled substance is measured by the weight of...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 9
A tax is imposed on cannabis and controlled substances at the following rates: (1) on each gram of cannabis, or each portion of a...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 9.5
Sunset of exemptions, credits, and deductions. The application of every exemption, credit, and deduction against tax imposed by this Act that becomes law after...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 90-4
5) Sec. 10. Penalties. Any dealer violating this Act is subject to a penalty of 50% of the amount of the tax in addition to...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 11
Official stamps, labels, or other indicia to be affixed to all cannabis or controlled substances shall be purchased from the Department. The purchaser shall...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 12
When a dealer purchases, acquires, transports, or imports into this State cannabis or controlled substances on which a tax is imposed and if the...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 13
Neither the Director nor a public employee may reveal facts contained in a report or return required by this Act, nor can any information...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 14
For the purpose of determining the correctness of any return, determining the amount of tax that should have been paid, determining whether or not...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 14.1
Enforcement by State's Attorney. (a) The State's Attorney of a county in which a violation of this Act is believed to have occurred may...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 15
Lien for Tax. (a) In general. The Department shall have a lien for the tax herein imposed or any portion thereof, or for any penalty...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 16
All assessments are Jeopardy Assessments - lien. (a) Assessment. An assessment for a dealer not possessing valid stamps or other official indicia showing that the...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 17
Filing and Priority of Liens. (a) Filing with Recorder. Nothing in this Act shall be construed to give the Department a preference over the...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 18
Duration of Lien. The lien provided herein shall continue for 20 years from the date of filing the notice of lien under the provisions...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 19
Release of Liens. (a) In general. The Department shall release all or any portion of the property subject to any lien provided for in this...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 20
Nonliability for Costs. The Department shall not be required to furnish any bond nor to make a deposit for or pay any costs or...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 21
Claim to Property. Whenever any process, issued from any court for the enforcement or collection of any liability created by this Act, shall be...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 22
Foreclosure on Real Property. In addition to any other remedy provided for by the laws of this State, and provided that no hearing or...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 23
Demand and Seizure. In addition to any other remedy provided for by the laws of this State, if the tax imposed by this Act...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 24
Redemption by State. The provisions of Sections 5g and 5h of the Retailers' Occupation Tax Act (relating to time for redemption by the State...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 25
Administrative Procedure Act - Application. The Illinois Administrative Procedure Act is hereby expressly adopted and shall apply to all administrative rules and procedures of the...
- Illinois Cannabis and Controlled Substances Tax Act. - 35 ILCS 520, Section 26
Administrative Review. Except as otherwise provided in this Section, the provisions of the Administrative Review Law, and the rules adopted pursuant thereto, shall apply to...
Last modified: February 18, 2015