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Colorado paint tax heads to governor

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News,Business,Taxes,Colorado

DENVER (AP) — A new tax on household paint is headed to the governor's desk.

The Colorado House voted 38-26 Friday for a bill to tax paint to fund a statewide paint recycling program.

The bill would make Colorado the eighth state to require paint manufacturers to develop recycling or take-back programs.

The paint take-back programs would be funded with a new per-gallon tax on household paint. The size of the tax wasn't specified, but should be nominal, less than $1 a gallon, supporters said. The tax would begin in 2015.

The measure would require paint manufacturers to establish enough take-back sites so that 90 percent of Coloradans have one within 15 miles of their homes.

The paint taxes could be offset by reductions in local household hazardous waste fees.

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Online:

Senate Bill 29: http://bit.ly/1pyVaJm

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