Gov. John Hickenlooper on Tuesday asked Colorado lawmakers for a 50 percent increase in sales taxes on recreational marijuana starting July 1 to send an additional $42 million to public schools. The Democrat wants to increase the recreation sales tax on pot to 12 percent effective July 1, the same day the levy is scheduled to fall to 8 percent.
Hickenlooper Floats Pot Sales Tax Hike To Bridge School Funding Gap
Brian Eason, John Frank, Denver Post: Politics
Tue, 01/17/2017 - 8:18pm
Topics: gov john hickenlooper the democrat democratic-controlled house republican-led senate related articlesjanuary denver city council trump south high school rep diana degette bernie sanders energized democrat mike johnston department local affairs that s one henry sobanet taxpayers bill rights although hickenlooper s colorado legislative council hickenlooper colorado july the january a mike johnston gallagher pot sales tax school funding percent cut state taxes property governor residential schools law million cuts money lawmakers increase governments rate shortfall current budget constitution approval year drop provision projected years office properties previously rely triggered left home proposal amendment values assessed
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