Father's Day Special - Give Dad 2 Years of Cigar Aficionado for the Price of 1!

Legislation

Colorado Senate Nixes Cigar Tax Proposal

May 3, 2019 | By Andrew Nagy
Colorado Senate Nixes Cigar Tax Proposal

Colorado Senators have struck down a measure that sought to ask voters to approve a tax increase on handmade cigars and other nicotine products.

The Senate rejected the proposed ballot initiative and therefore the issue will not appear on this November’s ballot.

The bill, which was introduced on April 24, looked to raise the state cigar tax from 40 percent to 62 percent of the manufacturer’s price. Additionally, the bill called for a tax hike on cigarettes, e-cigarettes and other nicotine products.

Colorado Gov. Jared Polis supported the piece of legislation, and in an official statement said that he was “disappointed by the decision to take this choice out of the hands of Colorado voters.”

More in Legislation

See all
Court Ruling Ends Chances of 2021 Deadline for FDA Product Reports

Court Ruling Ends Chances of 2021 Deadline for FDA Product Reports

The FDA’s pre-market application deadline for cigars will remain September 9 after a trio of judges …

May 5, 2020
Judge Extends Deadline for FDA Product Approval Reports

Judge Extends Deadline for FDA Product Approval Reports

Cigar manufacturers received a bit of good news last week as the FDA’s premarket application deadline …

Apr 28, 2020
New York State Raising Cigar Taxes This Fall

New York State Raising Cigar Taxes This Fall

New York state lawmakers passed a $177 billion budget for 2021 that includes a tax rate of 75 percent …

Apr 15, 2020
FDA Asks Court for Extension of Key Product Deadline Due to Coronavirus Outbreak

FDA Asks Court for Extension of Key Product Deadline Due to Coronavirus Outbreak

The U.S. Food and Drug Administration filed a motion in court requesting a 120-day extension of the …

Mar 31, 2020
Cigar Industry Petitions for Six-Month Delay from Upcoming Substantial Equivalence Deadline

Cigar Industry Petitions for Six-Month Delay from Upcoming Substantial Equivalence Deadline

Due to the impact of the Coronavirus pandemic, leading lobbying groups for the handmade cigar …

Mar 24, 2020
Cigar Industry Argues For Relief From Key Product Approval Deadline

Cigar Industry Argues For Relief From Key Product Approval Deadline

As an important product approval deadline looms, the cigar industry asked a trio of circuit court …

Mar 18, 2020