Proposition EE passes, raising taxes on tobacco, vaping products

By: - November 3, 2020 9:34 pm

Colorado voters have approved Proposition EE, a ballot measure seeking to raise taxes on tobacco products and create new taxes on vaping products, according to the Associated Press. The measure led with nearly 69% of the vote as of 9:30 p.m., according to unofficial results from the Colorado Secretary of State’s office.

Proposition EE was referred to the ballot as part of a deal brokered by Gov. Jared Polis in the final days of the 2020 legislative session, and the projected $176 million it would raise in annual revenue is expected to help fund universal preschool for Colorado 4-year-olds, one of Polis’ top education-policy priorities.

The tax measure was opposed by an issue committee funded almost entirely by Liggett Vector Brands, a discount cigarette manufacture which alleges that a minimum-price provision contained in the measure will unfairly advantage premium cigarette brands sold by tobacco giant Altria.

Under the measure, the tax paid on a pack of cigarettes would increase from $0.84 to $1.94 beginning next year, and gradually rise to $2.64 by 2027. Taxes on tobacco and vaping products would both gradually increase to 62% by 2027.

Our stories may be republished online or in print under Creative Commons license CC BY-NC-ND 4.0. We ask that you edit only for style or to shorten, provide proper attribution and link to our web site. Please see our republishing guidelines for use of photos and graphics.

Chase Woodruff
Chase Woodruff

Reporter Chase Woodruff covers the environment, the economy and other stories for Colorado Newsline.