Lege TREND. School Finance. Bill Dedicates Marijuana Revenue to Schools.

HB19-1055 (2019 |CO) would dedicated the annual $58 million in marijuana tax revenue to school infrasructure. 

How has the marijuana tax funded education in Colorado up to now?

• initially $40 million cap on revenue dedicated to education
• In 2018 90% of revenue was dedicated to schools
• 12.5% is set aside for charter schools

Education Dive | Colorado considers giving full $58M in marijuana tax dollars to school infrastructure