Illinois legislation · 104th General Assembly
Illinois HB4443: ILLINOIS FUTURE FUND
Status: In committee, October 21, 2026
Amends the Cannabis Regulation and Tax Act. Creates the Illinois Future Fund as a special fund in the State treasury. Requires the Department of Human Services to establish the Direct Cash Assistance Program, which will provide qualifying individuals with a monthly cash payment of $500. Allows the Department of Human Services to adopt rules. Defines terms. Makes conforming changes in the State Finance Act regarding the Illinois Future Fund and further amends the Act in provisions regarding the Cannabis Regulation Fund. Provides that the 25% of the monthly amount transferred from the Cannabis Regulation Fund that is transferred to the Criminal Justice Information Projects Fund shall be changed, beginning July 1, 2027, according to the following schedule: (i) for the 2028 fiscal year, the excess between the amount transferred during the 2027 calendar year and the amount transferred in the 2026 calendar year shall be transferred from the Cannabis Regulation Fund to the Illinois Future Fund, and the remainder of the 25% of the monthly amount transferred from the Cannabis Regulation Fund shall be transferred to the Criminal Justice Information Projects Fund; (ii) for the 2029 fiscal year, only 20% shall be transferred to the Criminal Justice Information Projects Fund and 5% shall be transferred to the Illinois Future Fund; (iii) for the 2030 fiscal year, only 15% shall be transferred to the Criminal Justice Information Projects Fund and 10% shall be transferred to the Illinois Future Fund; (iv) for the 2031 fiscal year, only 10% shall be transferred to the Criminal Justice Information Projects Fund and 15% shall be transferred to the Illinois Future Fund; (v) for the 2032 fiscal year, only 5% shall be transferred to the Criminal Justice Information Projects Fund and 20% shall be transferred to the Illinois Future Fund; and (vi) for the 2033 fiscal year and all subsequent fiscal years, 25% shall be transferred to the Illinois Future Fund.
What the bill says
A bill FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026HB4443Introduced 1/20/2026, by Rep. La Shawn K. FordSYNOPSIS AS INTRODUCED: ILCS 105/5.1038 new30 ILCS 105/6z-112410 ILCS 705/7-17 new 30 ILCS 105/5.1038 new 30 ILCS 105/6z-112 410 ILCS 705/7-17 new ILCS 105/5.1038 new ILCS 105/6z-112 ILCS 705/7-17 new Amends the Cannabis Regulation and Tax Act. Creates the IllinoisFuture Fund as a special fund in the State treasury…
From the introduced text, January 15, 2026:
A BILL FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026HB4443Introduced 1/20/2026, by Rep. La Shawn K. FordSYNOPSIS AS INTRODUCED: ILCS 105/5.1038 new30 ILCS 105/6z-112410 ILCS 705/7-17 new 30 ILCS 105/5.1038 new 30 ILCS 105/6z-112 410 ILCS 705/7-17 new ILCS 105/5.1038 new ILCS 105/6z-112 ILCS 705/7-17 new Amends the Cannabis Regulation and Tax Act. Creates the IllinoisFuture Fund as a special fund in the State treasury. Requires theDepartment of Human Services to establish the Direct Cash AssistanceProgram, which will provide qualifying individuals with a monthly cashpayment of $500. Allows the Department of Human Services to adopt rules.Defines terms. Makes conforming changes in the State Finance Act regardingthe Illinois Future Fund and further amends the Act in provisionsregarding the Cannabis Regulation Fund. Provides that the 25% of themonthly amount transferred from the Cannabis Regulation Fund that istransferred to the Criminal Justice Information Projects Fund shall bechanged, beginning July 1, 2027, according to the following (ii) for the 2029 fiscal year, only 20%shall be transferred to the Criminal Justice Information Projects Fund and5% shall be transferred to the Illinois Future Fund; (iii) for the 2030fiscal year, only 15% shall be transferred to the Criminal JusticeInformation Projects Fund and 10% shall be transferred to the IllinoisFuture Fund; (iv) for the 2031 fiscal year, only 10% shall be transferredto the Criminal Justice Information …
Sponsors
- La Shawn K. Ford (D, 8) · primary sponsor
- Justin Slaughter (D, 27)
- Kelly M. Cassidy (D, 14)
- Anne Stava-Murray (D, 81)
- Aarón M. Ortíz (D, 1)
Latest actions
- : Added Co-Sponsor Rep. Aarón M. Ortíz
- : Added Co-Sponsor Rep. Anne Stava
- : Rule 19(a) / Re-referred to Rules Committee
- : To Cannabis & Intoxicating Products Subcommittee
- : Assigned to Executive Committee
- : Added Co-Sponsor Rep. Kelly M. Cassidy
- : Added Co-Sponsor Rep. Justin Slaughter
- : Referred to Rules Committee
- : First Reading
- : Filed with the Clerk by Rep. La Shawn K. Ford
Subjects: Taxation, to increase the market value threshold amount for which tangible personal property is exempt from state ad valorem tax, ILCS 30 - Finance
Common questions
- What is HB4443?
- HB4443 is a bill in the Illinois Legislature (104th General Assembly): ILLINOIS FUTURE FUND.
- What does HB4443 do?
- In its own words: A bill FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026HB4443Introduced 1/20/2026, by Rep. La Shawn K. FordSYNOPSIS AS INTRODUCED: ILCS 105/5.1038 new30 ILCS 105/6z-112410 ILCS 705/7-17 new 30 ILCS 105/5.1038 new 30 ILCS 105/6z-112 410 ILCS 705/7-17 new ILCS 105/5.1038 new ILCS 105/6z-112 ILCS 705/7-17 new Amends the Cannabis Regulation and Tax Act. Creates the IllinoisFuture Fund as a special fund in the State treasury…
- What is the status of HB4443?
- In committee as of October 21, 2026. Latest action: Added Co-Sponsor Rep. Aarón M. Ortíz (October 21, 2026).
- Who sponsored HB4443?
- La Shawn K. Ford (D, 8), with 4 co-sponsors.
- Where is the official record for HB4443?
- On the Illinois Legislature website: https://www.ilga.gov/Legislation/BillStatus?DocNum=4443&GAID=18&DocTypeID=HB&SessionID=114
Source: official Illinois record. Tracked by Delilah, AI for legislation across all 50 states and Congress.