2020 Colorado Proposition EE
Colorado Proposition EE (also the Taxes on Nicotine Products Proposition) was a legislative referendum that appeared on ballots in Colorado in the 2020 Colorado elections, November 2020 elections. It was a proposal to increase cigarette tax, taxes on nicotine products and place a new tax on vaping, vaping products. Proposal Proposition EE originates from HB20-1427, a law that would increase taxes on cigarettes and nicotine products. As all tax increases have to be approved by voters under the Colorado Constitution, a Proposition was needed for the law to enter into effect. The Proposition raises taxes on cigarettes and tobacco products, and levies a new tax on nicotine products. Under the proposal, these increases would be phased in between 2021 and 2027, resulting in a tax on cigarettes of $2.64 per pack (up from $0.84), a tax on other tobacco products of 62% of the price which they are sold to retailers at (up from 40%) and a new tax on nicotine products, also set at 62%. Ad ...
[...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]