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PUBLIC
BILL SUMMARY For SB26-086

SENATE COMMITTEE ON FINANCE
Date Mar 3, 2026       Location SCR 357

SB26-086 - Postponed Indefinitely


03:54:59 PM  
Sen. Sullivan introduced Senate Bill 26-086. The bill reduces the excise tax rate on premium cigars to 40 percent of the manufacturer’s list price beginning in FY 2026-27. He answered several committee questions.

Written testimony may be found in Attachment C.
04:07:52 PM  
Mr. Chinelo Tyler, representing the American Cancer Society Cancer Action Network, testified in opposition to the bill. Eric Heydorn, representing the American Heart Association, testified in opposition to the bill. Mr. Corey Blair, representing themself, testified in opposition to the bill. Krystyn Hartman, representing themself, testified in opposition to the bill.
04:10:15 PM  
Jimmy Hargrove, representing Tobacco Leaf, testified in support of the bill. Ms. Mary Szarmach, representing Smoker Friendly, testified in support of the bill. Mr. Patrick Anderson, representing the Cigar Association of America, testified in support of the bill. Michael Vance, representing themself, testified in support of the bill. Mr. Danny Saenz, representing the Greater Pueblo Chamber, testified in support of the bill. Josh Pens, representing the Department of Revenue, was available to answer committee questions. Mr. Pens answered several committee questions.

04:43:11 PM
Motion Refer Senate Bill 26-086 to the Committee on Appropriations.
Moved Marchman
Seconded
Bright No
Frizell No
Gonzales J. No
Kolker Excused
Mullica No
Simpson No
Snyder Yes
Marchman Yes
Kipp No
YES: 2   NO: 6   EXC: 1   ABS:  0   FINAL ACTION:  FAIL

04:44:20 PM
Motion Postpone Senate Bill 26-086 indefinitely.
Moved Marchman
Seconded
Bright Yes
Frizell Yes
Gonzales J. Yes
Kolker Excused
Mullica Yes
Simpson Yes
Snyder Yes
Marchman Yes
Kipp Yes
Final YES: 8   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  PASS