Colorado governor reveals pot tax spending plan - FOX 8 WVUE New Orleans News, Weather, Sports, Social

Colorado governor reveals pot tax spending plan

(Associated Press File Photo) (Associated Press File Photo)

DENVER (AP) - Colorado Gov. John Hickenlooper has announced a plan to start spending nearly $100 million in marijuana tax money, the first signal of how much Colorado is reaping from recreational pot sales and what it plans to do with the funds.
    
The governor announced plans Wednesday to spend $99 million next fiscal year on six priorities. They include $45.5 million for youth use prevention, $40.4 million for substance abuse treatment and $12.4 million for public health.
    
The money comes from a 10 percent sales tax on recreational pot sales, which began Jan. 1. Thursday is the first deadline for Colorado retail pot shop to report January sales taxes.
    
An additional 15 percent pot excise tax already is designated for school construction.
    
The governor's pot tax proposal must be approved by the state Legislature.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • Trending StoriesTrending StoriesMore>>

  • Severe reaction to new sandals leads woman on a painful path

    Severe reaction to new sandals leads woman on a painful path

        One woman wants to warn people about her painful path, the result of a severe and debilitating allergic reaction.  She had no idea what she was allergic to until she visited a fourth emergency room in two weeks.    

    more>>

    One woman wants to warn people about her painful path, the result of a severe and debilitating allergic reaction. She had no idea what she was allergic to until she visited a fourth emergency room in two weeks.    

    more>>
  • 'The Phantom' serial killer of children out of prison, living in Tucson

    'The Phantom' serial killer of children out of prison, living in Tucson

    Thursday, April 27 2017 12:17 AM EDT2017-04-27 04:17:43 GMT
    Friday, April 28 2017 11:32 PM EDT2017-04-29 03:32:02 GMT
    Convicted killer William Huff was spotted riding his bicycle through a Tucson neighborhood. (Source: 3TV/CBS 5)Convicted killer William Huff was spotted riding his bicycle through a Tucson neighborhood. (Source: 3TV/CBS 5)

    William Huff terrorized Sierra Vista during the spring and summer of 1967. Despite a sentence of 40 years to life, the Arizona Board of Executive Clemency voted to release him from prison into home arrest. Family members of the victims are concerned for the safety of the community, as are new members of the Clemency Board. CBS 5 Investigates videotaped Huff riding a bike through his Tucson neighborhood. There are no restrictions placed on his proximity to children.

    more>>

    William Huff terrorized Sierra Vista during the spring and summer of 1967. Despite a sentence of 40 years to life, the Arizona Board of Executive Clemency voted to release him from prison into home arrest. Family members of the victims are concerned for the safety of the community, as are new members of the Clemency Board. CBS 5 Investigates videotaped Huff riding a bike through his Tucson neighborhood. There are no restrictions placed on his proximity to children. 

    more>>
  • 'I got 2 clips!' Impatient mom pulls out gun, threatens barber cutting son's hair

    'I got 2 clips!' Impatient mom pulls out gun, threatens barber cutting son's hair

    Friday, April 28 2017 5:45 PM EDT2017-04-28 21:45:21 GMT
    (Source: Crime Stoppers of Cuyahoga County Facebook)(Source: Crime Stoppers of Cuyahoga County Facebook)

    Police are looking for a woman who pointed a gun at a barber all because her son's haircut was taking too long.

    more>>

    Police are looking for a woman who pointed a gun at a barber all because her son's haircut was taking too long.

    more>>
Powered by Frankly