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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
RetailMarijuana

Illinois Is the Latest State to Decriminalize Small Amounts of Marijuana

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July 30, 2016, 10:48 AM ET
Cannabis Supporters Hope For Legalization
BERLIN, GERMANY - AUGUST 09: A participant smokes a marijuana joint while marching in the annual Hemp Parade (Hanfparade) on August 9, 2014 in Berlin, Germany. Supporters of cannabis legalization are hoping legalized sale in parts of the USA will increase the likelihood of legalization in Germany. The city of Berlin is considering allowing the sale of cannabis in one city district. (Photo by Sean Gallup/Getty Images)Photograph by — Sean Gallup Getty Images
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Illinois Gov. Bruce Rauner on Friday signed a law decriminalizing possession of a small amount of marijuana, making the state the 21st to do so.

How Legalized Marijuana Is Sweeping the U.S.—in One Map

Under the new law, possession of 10 grams of marijuana or less is now punishable by fines of $100 to $200, instead of jail time, the ChicagoTribune reports. Illinois law previously made possession of up to 10 grams of marijuana a class B misdemeanor that carried up to six months in jail and fines up to $1,500.

Rauner, a Republican, signed the law after using an amendatory veto on a measure last year that he said included too small a fine and allowed for the possession of too much of the drug.

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In addition to Illinois, 20 states and the District of Columbia have decriminalized small amounts of marijuana, and similar legislation is pending in other states, according to the National Conference of State Legislatures.

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