Watch Live: President Trump Impeachment Trial

New vaping and tobacco tax could generate millions for preschool access in Colorado

Data pix.

DENVER -- Currently, Colorado has one of the lowest tobacco taxes in the country and no taxes, apart from sales taxes, on vaping products.

Colorado's tobacco tax is around 84 cents a pack, which ranked 39th-lowest in the country in 2019.

A proposal submitted to the Secretary of State would ask voters to increase vaping and tobacco taxes in 2020.

Taxes would increase on tobacco and vaping products to between $3.05 and $4.45 per pack if approved.

The new tax revenue would generate more than $300 million for preschool access in Colorado, a top priority for Gov. Jared Polis.

"Colorado has one of the highest vaping rates in the country," Jake Williams with Healthier Colorado said, adding, "It's an all-hands-on-deck moment for policy makers."

Other proposals at the state Capitol include a proposal to make it harder to ship vaping products to residences (closing a loophole for minors), stricter licences and raising the age to purchase vaping products to 21 to make it compliant with federal law.

AlertMe
Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.