Colorado Bill Would Put Vapor and Cigarette Tax Increases on November Ballot

If Governor Jared Polis (D) has his way, Colorado voters will consider a cigarette tax increase and a new vapor tax on the ballot this November. House Bill 19-1333, introduced less than two weeks before the end of the 2019 legislative session, would ask voters to approve a vapor tax and more than triple the cigarette tax, with revenue divided between early childhood education and health programs. Currently, Colorado’s cigarette tax is on the low side nationally, at 84 cents per pack of 20 cigarettes. If this proposal gets approved, the tax would increase to $2.59 per pack, higher than in all but 11 states and the District of Columbia. Vapor products are not currently subject to an excise tax in Colorado, but this proposal would tax all vapor products, as well as other tobacco products (OTP), at 62 percent of the manufacturer’s list price. In 2016, a similar proposal was placed on the ballot to raise the cigarette tax to $2.59 per pack and increase the tax on OTP…

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