Colorado Senate Republicans kill first special session bill
The Senate Transportation Committee Monday afternoon killed the first of two bills that attempted to address a drafting error that cut nine special districts out of marijuana sales taxes.
The committee, which has three Republicans and two Democrats, voted along party-lines to kill Senate Bill 17B-001, which would have restored those districts’ authority to collect a portion of the special sales taxes levied on recreational marijuana sales.
The special districts claim they will lose up to $7 million in 2017-18 from the error.
If Senate Republicans do the same with a similar House bill on Tuesday, the session would officially close with no change. That would mean special districts would have to wait until at least January to regain the marijuana tax money they were cut out of when the legislature passed Senate Bill 276 last May.
The net effect is millions of dollars in lost revenue for special services such as transit, museums and healthcare programs. This is a developing story. Check back with Colorado Politics for more.