Lake County Illinois - File #: 19-1525

• File #: 19-1525
• Version: 1
• Name: Ordinance establishing a County Cannabis Retailers’ Occupation Tax in the County of Lake, Illinois.
• Type: ordinance
• Status: Passed
• File created: 9/16/2019
• In control: Financial & Administrative Committee
• Final action: 10/8/2019
• Title: Ordinance amending Chapter 34: Taxation of the Lake County Code of Ordinances to establish a County Cannabis Retailers' Occupation Tax.

Date	Ver.	Action By	Action	Result
10/8/2019	1	Lake County Board	adopted	Pass
9/26/2019	1	Financial & Administrative Committee	recommended for adoption to the regular agenda	Pass

Title

Ordinance amending Chapter 34: Taxation of the Lake County Code of Ordinances to establish a County Cannabis Retailers’ Occupation Tax.

Staff Summary

•                     On June 25, 2019, the Illinois Cannabis Regulation and Tax Act was signed into law, which will allow for the production, sale, and adult use of recreational cannabis.

•                     On August 9, 2019, a subsequent law was passed that effectuates Lake County’s ability to collect a cannabis retailer’s occupation tax.

•                     This ordinance, effective upon adoption, will allow for collection of cannabis retailer’s occupation tax on recreational cannabis for incorporated and unincorporated areas on or after January 1, 2020.

•                     Absent any statutory amendments, the current law will delay collection of the tax until September 1, 2020.

Body

ORDINANCE

WHEREAS, Lake County, a body politic and corporate of the state of Illinois, is a non-home rule unit of local government pursuant to Article VII, § 8 of the 1970 Illinois Constitution; and

WHEREAS, Public Act 101-0027, which is a comprehensive revision of State statutes regulating the adult use of cannabis in Illinois, was signed into law on June 25, 2019 with many of its provisions effective January 1, 2020; and

WHEREAS, Public Act 101-0363 was subsequently signed into law increasing the rate of tax that may be imposed by counties upon persons engaged in the business of selling cannabis in a municipality located in that county; and

WHEREAS, this Ordinance is adopted pursuant to the provisions of the Illinois County Cannabis Retailers’ Occupation Tax Law (55 ILCS 5/5-1006.8) (the “Act”); and

WHEREAS, this Ordinance is intended to impose the tax authorized by the Act providing for a county cannabis retailers’ occupation tax which will be collected by the Illinois Department of Revenue;

NOW, THEREFORE, BE IT ORDAINED by this County Board of Lake County, Illinois, that this amendment to Chapter 34 of the Lake County, Illinois Code of Ordinances establishing a county cannabis retailers’ occupation tax as attached in Exhibit A be adopted; and

BE IT FURTHER ORDAINED that the Clerk of the County Board shall keep a record of this action.

DATED AT WAUKEGAN, LAKE COUNTY, ILLINOIS, this 8^th day of October 2019.