Ritter signs bills to tax candy, soda

Posted: 02.24.2010 at 5:15 PM

Read more: State, Economy, Bill Ritter, Taxing, Candy, Soda, Online Sales, Shortfall, Tax

DENVER (AP) -- Gov. Bill Ritter has signed a package of bills taxing everything from candy and soda to online sales.

The governor says the money is needed to help close a $1.5 billion shortfall this year and next.

The new laws signed by the governor on Wednesday are expected to raise about $118 million over the next two years.

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