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an organization registrant under the Compassionate Use of Medical Cannabis Program Act. The amount of the surcharge is equal to the amount of federal income tax liability for the taxable year attributable to those sales and exchanges. The surcharge imposed does not apply if: (1) the medical cannabis cultivation center registration, medical cannabis dispensary registration, or the property of a registration is transferred as a result of any of the following: (A) bankruptcy, a receivership, or a debt adjustment initiated by or against the initial registration or the substantial owners of the initial registration; (B) cancellation, revocation, or termination of any registration by the Illinois Department of Public Health; (C) a determination by the Illinois Department of Public Health that transfer of the registration is in the best interests of Illinois qualifying patients as defined by the Compassionate Use of Medical Cannabis Program Act; (D) the death of an owner of the equity interest in a registrant; (E) the acquisition of a controlling interest in the stock or substantially all of the assets of a publicly traded company; SB3019 Enrolled LRB104 20255 HLH 33706 b Public Act 104-0468