Ballot Issue 2A Tax Increase on the Sale of Cigarettes and Tobacco Products
SHALL THE CITY OF GLENWOOD SPRINGS TAXES BE INCREASED BY UP TO $900,000 ANNUALLY (WHICH AMOUNT REPRESENTS ESTIMATED REVENUES IN 2020, THE FIRST FULL FISCAL YEAR OF COLLECTION) AND BY WHATEVER AMOUNT IS GENERATED THEREAFTER THROUGH THE IMPOSITION OF NEW TAXES TO BE USED FOR DRUG, ALCOHOL, AND TOBACCO PREVENTION, CESSATION, TREATMENT, ENFORCEMENT, YOUTH MENTAL AND PHYSICAL HEALTH, DETOX FACILITIES, AND OTHER RELATED CITY EXPENSES AS FOLLOWS:
BEGINNING JANUARY 1, 2020, THERE SHALL BE A NEW SALES TAX OF TWENTY CENTS PER CIGARETTE OR FOUR DOLLARS PER PACK OF TWENTY CIGARETTES SOLD;
BEGINNING JANUARY 1, 2020, THERE SHALL BE A NEW SALES TAX OF 40% ON THE SALES PRICE OF ALL OTHER TOBACCO PRODUCTS;
THE TERMS “CIGARETTE” AND “TOBACCO PRODUCT” SHALL HAVE THE SAME MEANINGS AS THE GLENWOOD SPRINGS MUNICIPAL CODE;
AND THAT THE CITY MAY COLLECT, RETAIN AND EXPEND ALL OF THE REVENUES OF SUCH TAXES AND THE EARNINGS THEREON, NOTWITHSTANDING THE LIMITATION OF ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW?
