Colorado Proposes Alcohol Tax Hike for Mental Health
Denver News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Colorados Budget Crisis: Proposed Alcohol Tax Hikes for Mental Health Institute
Colorado lawmakers are considering a new tax on alcohol and marijuana to address a $850 million budget shortfall. House Bill 261301 proposes a tax hike to fund a new Mental Health Institute in Aurora, focusing on substance use disorders. The industry opposes the plan, citing existing taxes and declining sales, with concerns that further hikes could lead to more business closures.
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