VAPING NEWS: COLORADO [Vape Tax]

“After weeks of back-room negotiations with health care advocates and a tobacco producer, Colorado lawmakers introduced a measure Thursday to put a tobacco and vaping tax measure on the November ballot. The bill comes two days before the session was scheduled to conclude. If it clears its first hurdles, lawmakers will need to meet Saturday for a final vote. It would also create a tax on nicotine products such as on vape products that would be equal to 50% of the manufacturer’s listed price until July 1, 2024, 56% until July 1, 2027, and 62% after, the same tax on tobacco products.”

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Colorado lawmakers consider putting tobacco and vaping tax on ballot

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Author: Bill Tarling