# Illinois HB4427: FINANCE-CANNABIS REGULATION

Illinois HB4427, FINANCE-CANNABIS REGULATION, is a 104th General Assembly (2025–2026) House bill sponsored by Michael Crawford (Democratic); status in committee, last action 2026-04-14 (Added Co-Sponsor Rep. Anne Stava) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IL-HB4427-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Illinois HB4427
- State: Illinois
- Session: 104th General Assembly (2025–2026)
- Title: FINANCE-CANNABIS REGULATION
- Status: in committee
- Chamber: House
- Introduced: 2026-01-14
- Last action: 2026-04-14, Added Co-Sponsor Rep. Anne Stava
- Sponsor: Michael Crawford (Democratic)
- Cosponsors: 9
- Subjects: executive
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

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 Illinois 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.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Michael Crawford (Democratic), House
- Cosponsor: Abdelnasser Rashid (Democratic), House
- Cosponsor: Anne Stava (Democratic), House
- Cosponsor: Carol Ammons (Democratic), House
- Cosponsor: Justin Slaughter (Democratic), House
- Cosponsor: Kimberly Du Buclet (Democratic), House
- Cosponsor: La Shawn K. Ford (Democratic), House
- Cosponsor: Lisa Davis (Democratic), House
- Cosponsor: Marcus C. Evans, Jr. (Democratic), House
- Cosponsor: Yolonda Morris (Democratic), House

## Actions (18)

- 2026-04-14: Added Co-Sponsor Rep. Anne Stava (House)
- 2026-03-27: Rule 19(a) / Re-referred to Rules Committee (House)
- 2026-03-19: To Cannabis & Intoxicating Products Subcommittee (House)
- 2026-02-26: Added Co-Sponsor Rep. Marcus C. Evans, Jr. (House)
- 2026-02-11: Assigned to Executive Committee (House)
- 2026-01-22: Added Co-Sponsor Rep. Justin Slaughter (House)
- 2026-01-21: Added Chief Co-Sponsor Rep. Kimberly Du Buclet (House)
- 2026-01-21: Chief Co-Sponsor Changed to Rep. Lisa Davis (House)
- 2026-01-21: Added Chief Co-Sponsor Rep. Lisa Davis (House)
- 2026-01-21: Chief Co-Sponsor Changed to Rep. Carol Ammons (House)
- 2026-01-21: Added Chief Co-Sponsor Rep. Carol Ammons (House)
- 2026-01-21: Chief Co-Sponsor Changed to Rep. La Shawn K. Ford (House)
- 2026-01-21: Added Chief Co-Sponsor Rep. La Shawn K. Ford (House)
- 2026-01-21: Added Co-Sponsor Rep. Abdelnasser Rashid (House)
- 2026-01-21: Added Co-Sponsor Rep. Yolonda Morris (House)
- 2026-01-14: Referred to Rules Committee (House)
- 2026-01-14: First Reading (House)
- 2026-01-14: Filed with the Clerk by Rep. Michael Crawford (House)

## Bill text

- Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4427.pdf)

## Related bills

- HB5198: AFFORDABLE HOUSING-CILAS (passed house)
- SB1937: PENSION CODE-VARIOUS (passed senate)
- HB2563: CONDO-RESERVE STUDY (in committee)
- HB4701: LIMITATIONS FACILITY FEES ACT (in committee)
- SB3008: DHS-ABLE PROGRAM INFO MATERIAL (passed senate)
- SB3484: VEH CD-PLATES-REGISTRATION (signed)

## Sources
- [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4427.pdf)

## Related
- [HB5198: AFFORDABLE HOUSING-CILAS](https://policyrisk.com/state-bill/IL-HB5198-2025-2026)
- [SB1937: PENSION CODE-VARIOUS](https://policyrisk.com/state-bill/IL-SB1937-2025-2026)
- [HB2563: CONDO-RESERVE STUDY](https://policyrisk.com/state-bill/IL-HB2563-2025-2026)
- [HB4701: LIMITATIONS FACILITY FEES ACT](https://policyrisk.com/state-bill/IL-HB4701-2025-2026)
- [SB3008: DHS-ABLE PROGRAM INFO MATERIAL](https://policyrisk.com/state-bill/IL-SB3008-2025-2026)
- [SB3484: VEH CD-PLATES-REGISTRATION](https://policyrisk.com/state-bill/IL-SB3484-2025-2026)
- [Illinois bills](https://policyrisk.com/states/illinois/bills)
- [Illinois state hub](https://policyrisk.com/states/illinois)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/IL-HB4427-2025-2026 (as of 2026-11-01).