DENVER (AP) – After months of uncertainty about marijuana and its tax potential, Colorado lawmakers start work Tuesday deciding how to spend pot taxes.
Voters have already decided to spend the first $40 million on school construction, but anything beyond that is up to lawmakers to appropriate.
Estimates vary widely on how much tax money Colorado will receive from recreational marijuana sales, which just started in January. But legislators should have at least $25 million to spend, with the likely winners to be youth drug-prevention programs and efforts to reduce stoned driving.
The legislative Joint Budget Committee meets Tuesday to review a proposal from the governor on spending the money. The governor has said the top priority should be reducing any negative impacts from legalization on children.
(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
More Marijuana Legalization Stories
- Proposal For Denver’s First Marijuana Club Takes Early Steps
- ‘I Drive Better When I’m High’: Campaign Highlights Dangers
- Pot Sales Top Liquor Sales In Aspen For First Time
- Ganja Yoga? Entrepreneur Hopes To Open Nation’s First Legal Cannabis Spa In Denver
- Breaking The Grass Ceiling: Women Grow Summit Takes On Pot Industry
- ‘CannaVan’ Takes To The Streets To Study Pot & Health Effects
- Mayor In Colorado Town Opts Out Of Letter To Sessions