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Colorado Lawmakers Scramble to Keep Millions in Marijuana Taxes

Submitted by Marijuana News on Thu, 04/02/2015 - 08:00

Robert Grandt worked in the grow room at 3D Cannabis Center in Denver last month. Hefty taxes on recreational marijuana have generated millions in state revenue. 

DENVER — In the State Capitol, they are calling it Refund Madness.

A year after Colorado became the first state to allow recreational marijuana sales, millions of tax dollars are rolling in, dedicated to funding school construction, marijuana education campaigns and armies of marijuana inspectors and regulators. But a legal snarl may force the state to hand that money back to marijuana consumers, growers and the public — and lawmakers do not want to.

The problem is a strict anti-spending provision in the state Constitution that touches every corner of public life, like school funding, state health care, local libraries and road repairs. Technical tripwires in that voter-approved provision, known as the Taxpayer’s Bill of Rights, may require Colorado to refund nearly $60 million...

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URL: 
http://www.nytimes.com/2015/04/02/us/colorado-lawmakers-scramble-to-keep-millions-in-marijuana-taxes.html

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