When Colorado passed proposition EE (creating a tax on nicotine products such as e-cigarettes while also increasing cigarette and tobacco taxes) it fulfills another need. Passing the tax will direct future revenues to various health and education programs, many of them benefiting Colorado’s youth.
The proposition won’t take effect right away: it will increase the statutory tax rate on cigarettes to $1.80 per pack by July 2027. This increases the total state-levied cigarette tax to $2.64 per pack.
Photo by Antonin Fels. Courtesy of Unsplash.com
Revenues raised by the tax will be dedicated to health and education programs impacting the state’s youth. These include the preschool programs cash fund, the Colorado Education fund, the rural schools cash fund, the housing development grant fund, the tobacco tax cash fund, the tobacco education programs fund and the state general fund.
Chaffee County Public Health Director, Andrea Carlstrom told Ark Valley Voice “Now, more than ever before, we must secure funding and resources to support the health and wellness of our county’s youth. Our county’s younger people deserve a robust menu of services and programming that best meets their individual needs.”
The proposition creates a tax on all nicotine products, such as vaping products that had not been covered by the state’s current nicotine product tax, and which matches the tobacco tax rate.
The rate will start at 30 percent of the Manufacturer’s Listed Price (MLP) in 2021 and increase gradually to 62 percent of MLP by July 2027.
Yes/For on Prop EE No/Against on EE
Statewide 68.05% 31.95%
Chaffee 67.97% 32.03%
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