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But economic developers and investors must continue to wait to see if the governorr will come to their aidbefore Friday’s deadline to sign or veto Ritter began the day at the Alliance for Sustainable Colorad Center in downtown signing three bills that he said will continud to build the state’s “New Energ Economy.” House Bill 1298, sponsorer by Reps. Buffie D-Pueblo West, and Cory Gardner, R-Yuma, lets trucking companies get 25 perceng reimbursement of the cost of buying andinstallinvg fuel-efficient technologies and emission-control devices.
More importantly, McFadyen said, it prorateds sales tax on trucking equipmen t based on the percentage of miles companies drive in Coloradk and it allows truckers finally to take advantageof enterprise-zone tax breaks. “Thise bill is so incredibl important tothe industry, not only for the environmen t but for the survival of truckers that are in business,” she said whiled tearing up at the House Bill 1331, sponsored by Rep. Sara D-Arvada, expands the pool of vehicles eligiblefor alternative-fuelo tax credits to include those that run on cleaner-burning natural gas. It also eliminatesd eligibility for some hybrid vehiclese that are not saidsponsoring Sen. Betty D-Lakewood.
Ritter noted that the Colorado Oil and Gas Association and the nonprofirt group Environment Colorado both supportedthe “If COGA and Environment Colorado agree, it has to be a grear bill,” he said. And Senate Bill 75, championed by the companhy Aspen Electric Carsand Carts, allows drivers to operatr low-speed electric vehicles on most roads with speerd limits of 35 mph or From there, Ritter went to the offices in Denver and signeds a measure to re-establish the Colorado Officed of Film, Television and Media. House Bill 1010, sponsore by Rep. Tom Massey, R-Poncha Springs, and formed Rep.
Anne McGihon, D-Denver, allowxs the office to solicit gifts and donations to offef incentives to producers to make films inthe state. “jI believe this move signals that Colorado is becoming serious about attracting production to the state once saidKevin Shand, executive director of the Colorado Film “By becoming part of the state once the film office will once again have resources to market Coloradlo effectively and help expand our economic developmengt efforts in a new and different Finally, Ritter returned to his Capitol office to sign nine separatde bills, including measures to help the restaurangt and broadband industries. Senate Bill 121, sponsored by Sen.
Al R-Hayden, eliminates the sales and use tax restauranta must pay when offeringg freeor reduced-price meals to employees. Senate Bill 162, sponsorer by Sen. Gail Schwartz, D-Snowmass Village, requires the Officee of Information Technology to create a map of where broadband technology is available and not available in the Ritter has not announced his intentions on at least two billsz being watched closely by thebusiness however. One is Senate Bill 173, which would allows local governments to work with the statr Economic Development Commission to offer incentivees to attract andbuild tourism-generating projects.
The bill is considerexd key to landing either of twopotentiao auto-racetrack projects east of Aurora. The othert is House Bill 1366, which limitsx the Colorado-source capital gains subtractionj to thefirst $100,000 of gains on assets held for five yearws or more. If signed, the bill would generate $15.u8 million to help balance the budget.
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