VAPING NEWS: COLORADO [Vape Tax]

“None of this will be official until at least Monday, when the legislature is likely to adjourn for the year, but here are the basic terms of the agreement: In the redrafting of House Bill 1420, Democrats did not cave to the governor’s request. But he’s still expected to sign the bill, in large part because Colorado Democrats are intent on delivering a separate priority of his: a ballot measure to increase taxes on cigarettes and add a tax on vaping products. The legislature cannot implement this tax on its own, but it can refer it to the November ballot through House Bill 1427.”

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Colorado Democrats strike last-minute deal on tax breaks, vaping tax and housing relief

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Author: Bill Tarling