0

It Was Used, In Part, To Fund College Scholarships For Underprivileged Students.

Adams County asked voters to approve a 3 percent special sales tax on retail marijuana, voters obliged, and the tax went into effect in 2015. Three cities within the county — Commerce City, Northglenn and Aurora — sued in district court, arguing the county doesn’t have the right to tax a single product. Plus, they said, given their own municipal marijuana taxes, the county’s tax put their shops at a competitive disadvantage compared to say, Denver, where taxes are lower. Adams County argued that the 2014 vote, which included majorities in the litigious cities, gave them the green light. Since the special sales tax went into effect, the county has raised nearly $2 million according to The Denver Post. It was used, in part, to fund college scholarships for underprivileged students. The case made its way up to the Colorado Court of Appeals, which ruled in favor of the cities. In a written opinion, the judges wrote that “unless the General Assembly or Colorado Constitution authorized the county to impose such a tax, the county simply does not have the power to enact such a tax, irrespective of a valid election.” When the ruling came down in December, Adams’ tax revenue hung in limbo without colorado marijuana any guidance as to what the county should do with all that money. And, with the higher court’s refusal to hear the case, that confusion remains.

To read more visit https://www.csindy.com/coloradosprings/colorado-supreme-court-wont-hear-adams-county-marijuana-tax-case-but-new-law-provides-needed-clarification/Content?oid=6136917

Filed in: News

Get Updates

Share This Post

Recent Posts

© 7436 Colorado Medical Marijuana. 2021 All rights reserved .
Home   |   Privacy Policy