Wednesday, October 11, 2017

Special Session Fails to Restore Axed Funding to RTD and SCFD

Governor Hickenlooper called a special session for Oct 2 to restore funding inadvertently exempted by Senate Bill 17-267. The governor’s proclamation stated that when the bill “consolidated two … taxes on retail marijuana sales … [it] exempted certain special districts,” notably the Regional Transportation District (RTD) and the Scientific and Cultural Facilities District (SCFD). RTD is losing out on about $500,000 per month and SCFD more than $50,000 per month.

It takes three days to pass a bill. The special session adjourned on the second day with no resolution but plenty of political bickering. Lawmakers could take up the issue again when the 2018 regular session starts in January.

Coloradans have passed 4 statewide marijuana ballot measures.
  2000 Amendment 20 – Medical Marijuana
  2012 Amendment 64 – Use and Regulation of Marijuana
  2013 Proposition AA – State Marijuana Taxes
  2015 Proposition BB – Retain Revenue in Excess of Blue Book Estimate

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