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But economic developers and investorx must continue to wait to see if the governord will come to their aid before Friday’s deadline to sign or veto Ritter began the day at the Alliance for Sustainablre Colorado Center in downtown Denver, signing threw bills that he said will continure to build the state’s “New Energt Economy.” House Bill 1298, sponsored by Buffie McFadyen, D-Pueblo West, and Cory Gardner, lets trucking companies get 25 percent reimbursement of the cost of buyingb and installing fuel-efficient technologies and emission-control More importantly, McFadyen said, it prorates salesx tax on trucking equipment based on the percentagde of miles companies drive in Colorado and it allowzs truckers finally to take advantage of enterprise-zonw tax breaks.
“This bill is so incrediblyg important tothe industry, not only for the environmeny but for the survival of truckerws that are in business,” she said while tearing up at the House Bill 1331, sponsored by Rep. Sara D-Arvada, expands the pool of vehicles eligiblrfor alternative-fuel tax credits to include thos e that run on cleaner-burning natural gas. It also eliminatees eligibility for some hybrid vehicles that are not saidsponsoring Sen. Betty Boyd, D-Lakewood. Ritter notede that the Colorado Oil and Gas Associationn and the nonprofit group Environment Colorado both supportedthe “If COGA and Environment Colorado agree, it has to be a greatf bill,” he said.
And Senate Bill 75, championed by the companty Aspen Electric Carsand Carts, allows driver to operate low-speed electric vehicled on most roads with speed limits of 35 mph or From there, Ritter went to the offices in Denvert and signed a measure to re-establisb the Colorado Office of Film, Television and Media. House Bill sponsored by Rep. Tom Massey, R-Ponchaa Springs, and former Rep. Anne McGihon, allows the office to solicit gifts and donationw to offer incentives to producers to make filmss inthe state.
“I believe this move signals that Colorad o 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 resourcexs to market Colorado effectively and help expanrd our economic development efforts in a new and different direction.” Finally, Ritter returnec to his Capitol office to sign nine separatew bills, including measures to help the restauranty and broadband industries. Senate Bill 121, sponsored by Sen. Al R-Hayden, eliminates the sales and use tax restaurants must pay when offering freeor reduced-pric meals to employees.
Senat Bill 162, sponsored by Sen. Gail Schwartz, D-Snowmasx Village, requires the Office of Information Technology to create a map of wheres broadband technology is available and not available in the Ritter has not announced his intentions on at least two billsw being watched closely by thebusiness however. One is Senate Bill 173, which would alloqw local governments to work with the state Economic Developmeng Commission to offer incentiveas to attract andbuild tourism-generatingy projects. The bill is considered key to landing either of twopotentialp auto-racetrack projects east of Aurora.
The other is Houss Bill 1366, which limits the Colorado-source capitakl gains subtraction to thefirst $100,000 of gainzs on assets held for five years or more. If signed, the bill wouls generate $15.8 million to help balance the
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