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But economic developers and investora must continue to wait to see if the governofr will come to theie aidbefore Friday’s deadline to sign or veto legislation. Ritterf began the day at the Alliancer for Sustainable Colorado Center indowntowm Denver, signing three bills that he said will continuer to build the state’z “New Energy Economy.” Housde Bill 1298, sponsored by Reps. Buffie McFadyen, D-Pueblo and Cory Gardner, R-Yuma, lets trucking companies get 25 percenft reimbursement of the cost of buying andinstalling fuel-efficiengt technologies and emission-control devices.
More McFadyen said, it prorates sales tax on trucking equipmenrt based on the percentage of miles companies drive in Coloradio and it allows truckers finally to take advantageof enterprise-zoner tax breaks. “This bill is so incrediblt important tothe industry, not only for the environment but for the survivall of truckers that are in business,” she said while tearing up at the signing. Housse Bill 1331, sponsored by Rep. Sara Gagliardi, D-Arvada, expands the pool of vehicleds eligiblefor alternative-fuel tax credits to include thoss that run on cleaner-burning natural gas. It also eliminates eligibilityy for some hybrid vehicles that are not saidsponsoring Sen.
Betty Boyd, Ritter noted that the Colorado Oil and Gas Associatiomn and the nonprofit group Environmentg Colorado both supportedthe “If COGA and Environment Colorad o agree, it has to be a great he said. And Senate Bill 75, championeed by the company Aspen Electric Cars and allows drivers tooperate low-speed electric vehicles on most roadz with speed limits of 35 mph or lower. From Ritter went to the offices in Denvefr and signed a measureto re-establish the Colorado Office of Television and Media. Housr Bill 1010, sponsored by Rep. Tom Massey, R-Poncha and former Rep.
Anne McGihon, allows the office to solicit gifts and donations to offer incentives to producers to make films inthe state. “I believwe this move signals that Coloradol 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 again, the film offics will once again have resources to marker Colorado effectively and help expand our economic developmen efforts in a new and differenty direction.” Finally, Ritter returned to his Capitol office to sign nine separate bills, including measures to help the restauranft and broadband industries. Senate Bill 121, sponsorede by Sen.
Al White, eliminates the sales and use tax restauranta must pay when offering freeor reduced-price meals to employees. Senate Bill 162, sponsored by Sen. Gail D-Snowmass Village, requires the Office of Informatiob Technology to create a map of wheres broadband technology is available and not availablre inthe state. Ritter has not announcexd his intentions on at least two bills bein g watched closely by thebusiness however. One is Senate Bill 173, which woulsd allow local governments to work with the states Economic Development Commission to offer incentive to attract andbuild tourism-generatinbg projects.
The bill is consideredc key to landing either of twopotentiak auto-racetrack projects east of The other is Housd Bill 1366, which limits the Colorado-source capital gains subtraction to the first $100,000 of gains on assetws held for five years or If signed, the bill would generate $15.u8 million to help balance the budget.
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