Colorado § 39-28-103 Tax levied

Colorado Statutes

§ 39-28-103 — Tax levied

Colorado·Title 39 Taxation·Art. Cigarette Tax

(1)(a) Prior to January 1, 2021, there is levied and shall be collected and paid to the department a tax upon the sale of cigarettes by wholesalers of ten mills on each cigarette.

(b)A tax is levied upon the sale of cigarettes by wholesalers, excluding cigarettes that are modified risk tobacco products, that is equal to:

(I)Six and one-half cents per cigarette for sales on and after January 1, 2021, but prior to July 1, 2024;

(II)Eight cents per cigarette for sales on and after July 1, 2024, but prior to July 1, 2027; and

(III)Ten cents per cigarette for sales on and after July 1, 2027.

(c)A tax is levied on the sale of cigarettes that are modified risk tobacco products that is equal to:

(I)Three and one-quarter cents per cigarette for sales on and after January 1, 2021

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(1) (a) Prior to January 1, 2021, there is levied and
shall be collected and paid to the department a tax upon the sale of cigarettes by
wholesalers of ten mills on each cigarette.

(b) A tax is levied upon the sale of cigarettes by wholesalers, excluding
cigarettes that are modified risk tobacco products, that is equal to:

(I) Six and one-half cents per cigarette for sales on and after January 1, 2021,
but prior to July 1, 2024;

(II) Eight cents per cigarette for sales on and after July 1, 2024, but prior to
July 1, 2027; and

(III) Ten cents per cigarette for sales on and after July 1, 2027.

(c) A tax is levied on the sale of cigarettes that are modified risk tobacco
products that is equal to:

(I) Three and one-quarter cents per cigarette for sales on and after January 1,
2021, but prior to July 1, 2024;

(II) Four cents per cigarette for sales on and after July 1, 2024, but prior to
July 1, 2027; and

(III) Five cents per cigarette for sales on and after July 1, 2027.

(d) The wholesaler shall pay the tax set forth in this section to the
department, which shall collect the tax.

(2) Repealed.

Colorado § 39-28-103 (Tax levied) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 64: p. 822, � 3. C.R.S. 1963: � 138-8-3. L. 65: p. 1129, � 1. L. 73: p. 1451, � 2. L. 77: Entire section amended, p. 1793, � 4, effective July 1. L. 83: (3) added, p. 2099, � 11, effective October 13; (2) repealed, p. 2053, � 28, effective October 14. L. 85: Entire section R&RE, p. 1267, � 4, effective May 30. L. 86: Entire section amended, p. 1113, � 11, effective July 1. L. 2020: Entire section amended, (HB 20-1427), ch. 248, p. 1188, � 3, effective January 1, 2021. L. 2023: (2) added, (HB 23-1290), ch. 337, p. 2023, � 3, effective June 2.