410 ILCS 705/15-45: Renewal.

(a) All 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) Dispensing organizations 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, except as provided in subsection (d-5):

(A) $60,000 or the proportional prorated amount, to be deposited into the Cannabis Regulation Fund; and

(B) $10,000 or the proportional prorated amount, to be deposited into the Compassionate Use of Medical Cannabis Fund, if the dispensing organization also holds a Medical Cannabis Dispensing Organization License issued pursuant to Section 15-37 of this Act.

(2) For an agent identification card, $100, to be deposited into the Cannabis Regulation Fund.

(d-5) The Department of Financial and Professional Regulation shall provide hardship waivers for dispensing organization renewal fees due to the Department pursuant to the provisions below:

(1) The dispensing organization attests that the dispensing organization or applicant for renewal, including all individuals and entities with 10% or greater ownership and all parent companies, subsidiaries, and affiliates, have no more than 2 other licenses for cannabis business establishments in the State.

(2) For dispensing organizations that have a gross income of $50,000 or less from the prior calendar year, the Department shall waive the full renewal fee. In order to qualify for this full waiver, the dispensing organization shall provide income verification from the Department of Revenue and any other information the Department may require in a form or manner prescribed by the Department.

(3) For dispensing organizations that have a gross income of more than $50,000 and less than or equal to $750,000 from the prior calendar year, the Department shall waive 50% of the full renewal fee. In order to qualify for this waiver, the dispensing organization shall provide income verification from the Department of Revenue and any other information the Department may require in a form or manner prescribed by the Department.

(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.