cigars
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Hickenlooper vetoes tax credit extension for cigar retailers
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Gov. John Hickenlooper on Friday vetoed legislation what would have addressed a tax credit on cigars shipped out of state. The bipartisan Senate Bill 139 would have allowed cigar retailers to claim a tax credit on the state’s 40 percent excise tax for out-of-state sales. The credit is set to expire in September 2018. The…
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Hickenlooper vetoes bill to extend tax credit on some cigar sales
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Gov. John Hickenlooper uncapped his veto pen for the first time this session to reject a bill that would extend a tax credit on cigars sold to out-of-state consumers, saying the credit hasn’t generated enough economic activity to pay for even one job. Senate Bill 139, would extend for three years a credit retailers have been…
