Tag: Colorado State Legislature
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Colorado voters to decide in Nov. on 11% tax on firearm and ammunition dealers
The Colorado State Legislature passed a bill, which requires state voter approval in November, that would enact an 11% retail sales tax on firearms dealers, manufacturers, and ammunition vendors. Revenue generated from the tax would be appropriated to the Firearms and Ammunition Excise Tax Cash Fund and would be used to fund crime victim services…
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Colorado voters will decide in Nov. whether or not to allow state to keep additional sports betting tax revenue
The Colorado State Legislature has referred a measure to voters that would allow the state to retain tax revenue collected above $29 million annually from the tax on sports betting proceeds. In 2019, voters approved Proposition DD, which legalized sports betting and enacted a 10% tax on sports betting proceeds. Net sports betting proceeds equal…
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Colorado voters to decide on constitutional amendment moving initiative and referendum signature deadlines up one week
The Colorado State Legislature referred a constitutional amendment to the November ballot that would move the deadlines for filing initiative and referendum petition signatures, as well as the deadline for justices to file their declarations to run for another term, by one week. The change is intended to facilitate an extra week between the deadline…