City of Loveland
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Marijuana Businesses:
While we do not yet have official results for ballot measures 2H and 2F, it is highly probable that they will pass. Once these results are certified, our City Council will begin to discuss next steps. These discussions will include topics such as the number of marijuana businesses permitted to operate in Loveland, the eligibility criteria to open such a business, and the timeline for their opening. The best way to stay up to date and informed is to watch our city council meetings through the link provided below.
https://www.lovgov.org/city-government/city-council/city-council-meetings
2H - Authorizes the operation of a limited number of medical and retail marijuana businesses in the City of Loveland.
2F - Authorizes the City of Loveland to impose an excise tax of 5% on the sale of Retail Marijuana and Retail Marijuana Products within the City, with the revenues from such Tax to be used for Municipal Purposes.
2025 License Renewal Update:
Renewal invoices will be mailed in late November. As a reminder, businesses that do not have physical presence are no longer required to pay or renew their license and do not need to send in any paperwork. If you are unsure if you meet the definition of physical presence, please review SB22-032 in its entirety to determine if you meet any of the criteria. Physical presence can be met even if you don't have a physical location in Loveland.
Please visit our Forms page for the 2025 sales tax renewal form.
Exemptions
Per Municipal Code Section 3.16.020, the City of Loveland does NOT exempt the following:
- All sales of electricity, coal, wood, gas, fuel oil or coke, including residential usage.
- All sales of machinery and machine tools.
Other than the two items noted above, as of January 1, 2024, the City of Loveland exempts from Loveland’s sales tax, all other items listed in Colorado Revised Statute Title 39, Article 26, Part 7 – Sales and Use Tax Exemptions. Please review the Colorado Revised Statutes for applicable exemptions.
Food For Home Consumption:
By a substantial margin, Loveland voters approved ballot measure 300, a proposal to eliminate food for home consumption from the City's sales tax collections. This exemption will start January 1, 2024.
The January 2024 return that is due February 20, 2024 will be the first return to have this deduction.
The City of Loveland will adopt the Colorado Department of Revenue’s food for home consumption exemption as it is currently written. Please review Colorado’s C.R.S 39-26-707 and FYI Sales 4 for detailed information.
Sales tax returns have been updated to reflect a new deduction line for food for home consumption.
Disposable Bag Fee:
The disposable bag fee is:
- NOT a tax.
- NOT subject to sales tax.
- NOT reported on the sales tax return.
- DOES need to be a separate line item on the customer’s receipt.
For more information, please go to the News Releases page on the City of Loveland’s website. You can also contact Tyler Bandemer with our Solid Waste Division at Tyler.Bandemer@CityofLoveland.org.