Gov. John Hickenlooper signs bill asking for pot tax do-over

DENVER — Colorado voters will be asked in November whether the state should stand by the decision to use marijuana tax profits for school construction and other programs, under legislation signed by Gov. John Hickenlooper on Thursday.

Quirky taxing-and-spending restrictions in the state constitution prompted the do-over.

The rules say all revenue from new taxes must be returned if state funds exceed projections.

Recreational marijuana tax dollars fall into that category this year, and because the state’s budget grew faster than projected, about $58 million in pot taxes must be refunded, meaning most Colorado taxpayers could…