A man holds a giant joint during a march for the legalization of cannabis in Santiago, on May 18, 2013, as part of the 2013 Global Marijuana March which is being held in hundreds of cities worldwide. AFP PHOTO / Martin BERNETTI (Photo credit should read MARTIN BERNETTI/AFP/Getty Images)

Pretty soon, you won't be considered a criminal for carrying around a little weed in Philadelphia.

Philly Mayor Michael Nutter confirmed Monday that he will sign a bill into law that will make his city the largest in America to decriminalize marijuana possession, Philly Mag reports. Essentially it softens the penalty for such an offense from possible jail time to a $25 fine.

"So I think the agreement ends up putting the city and our citizens in a much better place," Nutter told CBS News, noting that signing the bill won't be the same as condoning marijuana use.

Though earlier reports have stated that Nutter would sign the bill this week, it'll likely take another two. He arrived at a compromise with City Councilman Jim Kenney, who originally sponsored the bill in May. Nutter's tweak will tack on a $100 fine for smoking in public, which can be waived with a few hours of public service. Kenney's bill will be amended Thursday by the council and get a final vote two weeks later before it shows up on Nutter's desk again.

Kenney says the amendment is still a whole lot better than Philadelphia's current law, which punishes any marijuana possession with at least a $200 fine, a drug abuse course and an arrest record, according to Mic.

"We’ve gotten to a place where it is out of the criminal realm,” Kenney told KYW Newsradio. “There’s no more handcuffs, no more bookings, no more criminal record ... We have so many people that we are putting in the prison pipeline, and the poverty pipeline, because a criminal record is a debilitating thing.”

Anyone who gets cited would be summonsed to appear before a Municipal Court judge, but they won't leave with a criminal record.

It could save the Philadelphia Police Department about $4 million each year, as well as spare some 4,000 people from being arrested, Kenney says.