Sec. 15-45. Renewal.
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/il/chapter-410/act-705/15-45A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 15-45. Renewal.
(a)Adult Use Dispensing Organization Licenses shall expire on March 31 of even-numbered years.
(b)Agent identification cards shall expire one year from the date they are issued.
(c)Licensees and dispensing agents shall submit a renewal application as provided by the Department and pay the required renewal fee. The Department shall require an agent, employee, contracting, and subcontracting diversity report and an environmental impact report with its renewal application. No license or agent identification card shall be renewed if it is currently under revocation or suspension for violation of this Article or any rules that may be adopted under this Article or the licensee, principal officer, board member, person having a financial or voting interest of 5% or greater in the licensee, or agent is delinquent in filing any required tax returns or paying any amounts owed to the State of Illinois.
(d)Renewal fees are:
(1)For a dispensing organization, $60,000, to be deposited into the Cannabis Regulation
Fund.
(2)For an agent identification card, $100, to be deposited into the Cannabis Regulation
Fund.
(e)If a dispensing organization fails to renew its license before expiration, the dispensing organization shall cease operations until the license is renewed.
(f)If a dispensing organization agent fails to renew his or her registration before its expiration, he or she shall cease to perform duties authorized by this Article at a dispensing organization until his or her registration is renewed.
(g)Any dispensing organization that continues to operate or dispensing agent that continues to perform duties authorized by this Article at a dispensing organization that fails to renew its license is subject to penalty as provided in this Article, or any rules that may be adopted pursuant to this Article.
(h)The Department shall not renew a license if the applicant is delinquent in filing any required tax returns or paying any amounts owed to the State of Illinois. The Department shall not renew a dispensing agent identification card if the applicant is delinquent in filing any required tax returns or paying any amounts owed to the State of Illinois.