ColoradoIntroduced2026 Regular Session

SB26-086 Reduce Premium Cigar Excise Tax Rate

Latest: Feb 10, 2026 · Senate Committee on Finance Postpone Indefinitely

Taxes and spending

What it means

Our plain-English summary and constitutional analysis for this bill is not published yet. Every analysis is reviewed by an editor before it appears here.

How they voted

2 committee, procedural and amendment votes

Senate: Postpone Senate Bill 26-086 indefinitely.

8 yes · 0 no · 1 other

Mar 3, 2026 · Result: pass

PartyYesOther / excused
Democratic51
Republican3–
How each member voted (9)

Party shown is each member's current party in our records. Official vote record

Senate: Refer Senate Bill 26-086 to the Committee on Appropriations.

2 yes · 6 no · 1 other

Mar 3, 2026 · Result: fail

PartyYesNoOther / excused
Democratic231
Republican–3–
How each member voted (9)

Party shown is each member's current party in our records. Official vote record

Where it stands

  1. Feb 10, 2026 · Senate

    Introduced

    Introduced In Senate - Assigned to Finance

Full official history (2 actions)
  • Feb 10, 2026SenateIntroduced In Senate - Assigned to Finance
  • Mar 3, 2026SenateSenate Committee on Finance Postpone Indefinitely

Supporters and opponents

No documented positions yet. Every position we list links to its public source.

Official summary

Read the official summary (openstates)
Effective July 1, 2026, the bill defines "premium cigar" and reduces the statutory excise taxation rate on premium cigars to 20% of the manufacturer's list price (MLP) from the current rates for all non-cigarette tobacco products other than moist snuff of 36% of the MLP from July 1, 2024, through June 30, 2027, and 42% of the MLP on and after July 1, 2027, effectively rolling back the increases in the statutory taxation rate for such tobacco products since 2005. The bill does not affect taxation of premium cigars under the state constitution, which imposes an additional 20% tax.(Note: This summary applies to this bill as introduced.)