Colorado Springs News, Sports & Business

Gazette Premium Content Colorado counties banning marijuana sales want money from taxes

The Associated Press Updated: October 26, 2013 at 7:46 am

GRAND JUNCTION — Some Colorado counties don't want to allow retail sales of marijuana, but they don't want to be left out when the state starts collecting the tax revenue.

Next month, Colorado voters will decide whether to impose a 15 percent excise tax and a 10 percent sales tax on retail sales that start Jan. 1. The first $40 million in collected revenue would go to school construction needs. But after that, 15 percent of the revenue would go to counties that approved retail sales.

The Grand Junction Sentinel reports (http://goo.gl/KsW2CQ ) Friday that Colorado Counties Inc., the lobbying organization for counties, wants state lawmakers to consider also distributing the revenue to counties that don't permit marijuana sales.

Colorado Counties argues the impacts of pot sales will be felt statewide, regardless of where pot is sold.

___

Information from: The Daily Sentinel, http://www.gjsentinel.com

Comment Policy

Our commenting system has changed. Please register or login with your gazette.com account to comment on a story. Click here for information.

You've reached your 4 FREE premium stories this month

Get 4 more FREE stories

Simply register to continue.

Register

Subscribe now

Get access unlimited access to premium stories.

Subscribe
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
OCT
21
OCT
22
OCT
23
OCT
24
OCT
25
OCT
26
OCT
27
OCT
28
OCT
29
OCT
30
OCT
31
NOV
1
NOV
2
NOV
3
Advertisement