Legislation

Colorado Looks To Raise Cigar Taxes

Apr 29, 2019 | By Andrew Nagy
Colorado Looks To Raise Cigar Taxes

Residents of Colorado may have a say in whether or not to raise the state’s cigar tax after a pair of lawmakers recently introduced a bill that seeks to put the issue on next November’s ballot.

Rep. Yadira Caraveo and Sen. Rhonda Fields, both Democrats, introduced HB 19-1333 on April 24, which calls for the state to add a ballot initiative to decide if the state should increase taxes on nicotine products such as cigarettes, e-cigarettes and handmade cigars.

The measure, which is supported by Colorado Gov. Jared Polis, would raise the state tax on cigars to 62 percent of the manufacturer’s price. Currently, the state cigar tax is 40 percent of the manufacturer’s price.

In other words, a $10 cigar, which is currently taxed at $4 by the state, would be taxed $6.20 if the voters were to say yes to the bill proposal.

More in Legislation

See all
Florida Lawmaker Files Measure Urging Members to Support Cigar-Exemption Bills

Florida Lawmaker Files Measure Urging Members to Support Cigar-Exemption Bills

Rep. Anthony Sabatini (R-32) introduced a memorial bill yesterday in the Florida House that encourage…

Jan 15, 2020
Tobacco 21: Retailers Respond

Tobacco 21: Retailers Respond

With the stroke of a pen, the legal age to buy tobacco anywhere in the U.S. became 21 immediately …

Jan 7, 2020
FDA Says Premium, Handmade Cigars Are ‘Lowest Priority’

FDA Says Premium, Handmade Cigars Are ‘Lowest Priority’

The U.S. Food and Drug Administration issued a new guidance last week citing handmade cigars as the …

Jan 6, 2020
Congress Raises Tobacco-Purchase Age to 21

Congress Raises Tobacco-Purchase Age to 21

The legal age to purchase tobacco products, including handmade cigars, in the United States will be …

Dec 20, 2019
Senate Confirms Hahn as New FDA Head

Senate Confirms Hahn as New FDA Head

The Senate today confirmed by a vote of 72 to 18 that Dr. Stephen Hahn will be the new commissioner …

Dec 12, 2019
FDA Extends Comment Period for Cigar Approval Rule Proposal

FDA Extends Comment Period for Cigar Approval Rule Proposal

Originally set to end today, the FDA says it will continue accepting public feedback until December …

Nov 25, 2019