QUICK LINKS: Videos  |  Micromarkets |

Redemption Report




Buy a Classified Ad


Editorial Calendars


Circulation Data






Date Book


Bookmark this site

Issue Date: Vol. 50, No. 3, March 2010, Posted On: 3/12/2010

Colo. Ends Sales Tax Exemptions For Soft Drinks And Confections

Tim Sanford
vending, vending machine, vending operator, vender, vendor, tax exemption, snack machines, soda machines, Colorado Gov. Bill Ritter, Jr., HB1191, Vending

DENVER -- Colorado Gov. Bill Ritter, Jr. has signed nine bills that eliminate or suspend the state's tax exemptions and credits. One of them, HB1191, imposes the state's 2.9% sales tax on candy and soft drinks. These previously had been tax-free, as is all food purchased for home consumption. This measure takes effect on May 1.

Under provisions of HB 1191, products that contain flour or require refrigeration are not defined as "candy," and thus remain exempt from tax.

The Denver Post reports that the measures aim to reduce the state's budget deficit, said to be $2.2 billion for the present budgetary year (ending in June), and projected as $1.3 billion in the next one. It is estimated that the new tax measures will bring in $15.6 million over the rest of the current year, and $102.3 million in fiscal 2010-'11.

Topic: Vending Features

  • Metropoulos & Co. To Invest In Utz Quality Foods
  • Burch Food Service Expands Relationship with USA Technologies; Sees One-Year 17% Topline Growth In Transaction Dollars
  • Danielle Lee Wins Scholarship To Vending Industry Development Program
  • Gimme Vending Research Suggests Mobile App Reduces Out-Of-Stocks, Increases Top-Line Profits
  • Tri-State Vending Group Files Comments Opposing Philadelphia Beverage Tax

Copyright © 2016 Vending Times Inc. All rights reserved. 
P: (516) 442-1850 | F: (516) 442-1849 | subscriptions@vendingtimes.net
55 Maple Ave. - Ste. 304, Rockville Centre, NY 11570