Colorado Budget Calls for Marijuana Taxes to Benefit Homeless
Colorado Governor John Hickenlooper has finalized a 2018 state budget that calls for millions of dollars in taxes generated from the legal cannabis industry to be allocated for a new program to help the homeless.
Reports show that Hickenlooper’s latest budget proposal would pull $18 million from the state’s cannabis tax coffers and put it toward building affordable housing for people who are either homeless or suffering with mental health issues that prevent them securing a place to live.
It is a program that he has been eager to launch for years, says Hickenlooper’s budget director Henry Sobanet.
“Taking what used to be an illegal activity, now that it’s legal and taxable, using it to address another social ill is an opportunity we felt important to take advantage of, and one that would make some sense to the public," Sobanet recently told Colorado Public Radio.
In addition, the governor...
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