Tag: Sales Tax
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Denver City Council committee delays proposed sales tax measure to fund affordable housing
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save After more than an hour of questions, a sales tax measure proposed by Mayor Mike Johnston has been tabled for more discussion by the Denver City Council. Councilmembers unanimously voted on Wednesday in the Safety, Housing, Education and Homeless Committee to delay sending the proposal…
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Denver mayor seeks $100 million sales tax hike to build 20,000 ‘affordable’ housing units
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Arguing $100 million more annually is necessary to build thousands of affordable housing units, Denver Mayor Mike Johnston and some of the council’s most progressive members are pushing for a sales tax hike that, if approved by voters, would make the city’s rate the highest…
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Front Range Passenger Rail District votes to push back ballot initiative to 2026
The district in charge of planning a passenger rail line from Pueblo to Fort Collins said on Friday that it would wait until 2026 to seek voter approval for a sales tax raise. Nancy Burke, director of communications and outreach for the Front Range Passenger Rail District, said district board members had been considering between…
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Aurora council kills proposal to eliminate marijuana excise tax
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Aurora councilmembers shot down a proposal at Monday night’s study session to get rid of the excise tax on marijuana cultivation in the city, saying the city relies on the tax money to pay for road work and debt. In Colorado, on top of regular sales tax rates, the marijuana industry pays an excise tax…
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Aurora’s proposed 2024 budget allocates more funds to public safety
The city council plans to adopt the $1.3 billion spending plan later this month
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Aurora’s attempt to ‘double dip’ in state, local cigarette tax money, blocked by appeals court
Colorado’s second-highest court on Thursday decided state lawmakers intended to continue prohibiting local governments from receiving their share of centrally-collected cigarette tax revenue if they enact their own sales taxes on cigarettes. A three-judge panel for the Court of Appeals agreed a 2019 law designed to give localities more control over nicotine products nevertheless blocked…
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Colorado to end sales tax for period products, diapers this week
Coloradans will soon be able to purchase period products and diapers without paying state sales taxes, thanks to a new law taking effect Wednesday. The law, House Bill 1055, expands sales tax exemptions for adult and youth diapers and period products including tampons, pads, menstrual cups, sponges, sanitary napkins and panty liners. Originally, the tax…
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Confusion swirls as Colorado imposes new retail delivery fee, catching businesses by surprise
Colorado consumers will start noticing a 27-cent fee on receipts for almost everything that gets delivered to them, including restaurant food, after Colorado’s new “retail delivery fee” took effect July 1. The fee must be collected and paid to the state by retailers “on all deliveries by motor vehicle to a location in Colorado with…
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Denver, four other cities sue Colorado over tax exemption for school building materials
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Five Colorado cities, including Denver, filed a lawsuit against the state Thursday over a new law that exempts building materials used for public schools from sales taxes, arguing it would decrease their revenue base by millions of dollars. Denver, Boulder, Commerce City, Pueblo and Westminster…
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Denver gives preliminary approval to diaper sales tax exemption
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Denver City Council approved on first reading Monday night a bill that would exempt all diapers from the city’s sales tax. The bill came to Denver not long after Aurora’s council made the same move. Denver City Council member Amanda Sawyer said in a news…