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But economic developers and investors must continue to wait to see if the governof will come to their aidbefore Friday’es deadline to sign or veto legislation. Ritted began the day at the Alliance for Sustainable Coloradp Center indowntown Denver, signing threew bills that he said will continue to buils the state’s “New Energy 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 buying and installingb fuel-efficient technologies and emission-control devices.
More importantly, McFadyen said, it prorates sale tax on trucking equipment basef on the percentage of miles companies drive in Coloradk and it allows truckers finally to take advantageof enterprise-zonde tax breaks. “This bill is so incredibly important to the not only for the environment but for the survival of truckers that are in she said while tearing up atthe signing. House Bill sponsored by Rep. Sara Gagliardi, D-Arvada, expands the pool of vehicles eligiblefor alternative-fuel tax credits to includre those that run on cleaner-burning natural gas. It also eliminatews eligibility for some hybrid vehicles that arenot fuel-efficient, said sponsorinhg Sen. Betty Boyd, D-Lakewood.
Ritter noted that the Coloradok Oil and Gas Association and the nonprofit group Environmeng Colorado both supportedthe “If COGA and Environment Colorado it has to be a great bill,” he And Senate Bill 75, championed by the compant Aspen Electric Cars and allows drivers to operate low-speed electric vehicles on most roadws with speed limits of 35 mph or From there, Ritter went to the offices in Denvet and signed a measure to re-establish the Coloradp Office of Film, Television and House Bill 1010, sponsored by Rep. Tom R-Poncha Springs, and former Rep.
Anne McGihon, allows the office to solicit giftz and donations to offer incentives to producersd to make films inthe “I believe this move signals that Coloradok is becoming serious about attracting production to the state once said Kevin Shand, executive director of the Colorad o Film Commission. “By becoming part of the statweonce again, the film office will once again have resourcesd to market Colorado effectively and help expand our economicd development efforts in a new and different direction.” Ritter returned to his Capitol officwe to sign nine separate bills, including measures to help the restaurantt and broadband industries. Senate Bill 121, sponsored by Sen.
Al R-Hayden, eliminates the sales and use tax restaurante must pay when offering freeor reduced-price mealsx to employees. Senate Bill 162, sponsorede by Sen. Gail Schwartz, D-Snowmass Village, requires the Officer of Information Technology to create a map of wherwe broadband technology is available and not available inthe state. Rittere has not announced his intentions on at least two billsa being watched closely by thebusinesa community, however. One is Senate Bill 173, whichu would allow local governments to work with the statew Economic Development Commission to offer incentives to attract andbuild tourism-generating projects.
The bill is considered key to landingt either of twopotential auto-racetrack projects east of The other is House Bill 1366, whichn limits the Colorado-source capital gains subtractio n to the first $100,000 of gains on assets held for five yearzs or more. If signed, the bill would generate $15. 8 million to help balance the budget.
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