2017-11-27

Colorado Budget Committee Anticipating Less Cannabis Tax Money Following Sales Tax Changes

In fiscal year 2017-2018, the state had about $124 million in state tax revenues to work with and expect about $115 million during fiscal year 2018-2019. The revenues are expected to bounce back in fiscal year 2019-2020 and exceed $137 million. In addition to cutting the cannabis sales tax, lawmakers ...

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