C.R.S. Section 39-28-505
Rejection of ballot issue

  • rate reduction

(1)

If a majority of the electors voting on the ballot issue vote “No/Against”, then the proposition EE taxes shall be reduced in a manner determined by the department so that the proposition EE taxes are reduced by eleven and fifty-three one-hundredths percent. This percentage is equal to the amount by which proposition EE tax revenue exceeded one hundred eighty-six million five hundred thousand dollars, with the excess amount divided by one hundred eighty-six million five hundred thousand dollars.

(2)

If a majority of the electors voting on the ballot issue vote “Yes/For”, then the proposition EE taxes shall remain at the same rates as established by proposition EE.

Source: Section 39-28-505 — Rejection of ballot issue - rate reduction, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-39.­pdf (accessed Dec. 24, 2024).

39–28–101
Definitions
39–28–102
Licensing of wholesalers - rules - fines
39–28–102.5
Licensing of wholesale subcontractors - rules - fines
39–28–103
Tax levied - repeal
39–28–103.3
Inventory tax - definition
39–28–103.5
Tax levied - state constitution
39–28–104
Evidence of payment of tax - credits - redemptions
39–28–104.5
Federal requirements - placement of labels - penalty
39–28–105
Use of metering machines
39–28–106
Nonresident wholesalers
39–28–107
Unstamped packages - tax collected - fines - subject to confiscation - tobacco tax enforcement cash fund - creation
39–28–108
Penalty
39–28–109
Records - examination - returns
39–28–110
Distribution of tax collected
39–28–110.5
Revenue and spending limitations
39–28–111
Exempt sales
39–28–112
Taxation of cigarettes, tobacco products, or nicotine products by municipalities, counties, and city and counties - definitions
39–28–114
Prohibited acts - penalties
39–28–115
List of licensed wholesalers - published on website
39–28–116
Minimum price for cigarettes
39–28–201
Legislative declaration
39–28–202
Definitions
39–28–203
Requirements
39–28–301
Legislative declaration
39–28–302
Definitions
39–28–303
Certifications - directory - tax stamps
39–28–304
Agent for service of process
39–28–305
Reporting of information - escrow installments
39–28–306
Penalties and other remedies
39–28–307
Miscellaneous provisions
39–28–401
Submission of ballot issue - increased tax on cigarettes and tobacco products - new tax on nicotine products - definition
39–28–501
Definitions
39–28–502
Ballot issue - proposition EE - later voter approval
39–28–503
Proposition EE refund cash fund
39–28–504
Approval of ballot issue - rejection of ballot issue - refunds
39–28–505
Rejection of ballot issue - rate reduction
39–28–506
Repeal of part
Green check means up to date. Up to date

Current through Fall 2025

§ 39-28-505’s source at colorado​.gov