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But economic developers and investors must continu to wait to see if the governor will come to theit aidbefore Friday’s deadline to sign or veto Ritter began the day at the Alliance for Sustainablwe Colorado Center in downtown signing three bills that he said will continue to builxd the state’s “New Energy Economy.” House Bill sponsored by Reps. Buffie McFadyen, D-Pueblo West, and Cory R-Yuma, lets trucking companies get 25 percen t reimbursement of the cost of buying andinstalling fuel-efficient technologied and emission-control devices.
More McFadyen said, it prorates sales tax on trucking equipmenyt based on the percentage of miles companies drive in Colorado and it allowz truckers finally to take advantageof enterprise-zone tax “This bill is so incrediblyg important to the industry, not only for the environmentg but for the survival of truckers that are in she said while tearing up at the House Bill 1331, sponsored by Rep. Sara D-Arvada, expands the pool of vehicles eligiblefor alternative-fuell tax credits to include thosr that run on cleaner-burning natural gas. It also eliminatesd eligibility for some hybrid vehicleds that arenot fuel-efficient, said sponsoring Sen. Bettuy Boyd, D-Lakewood.
Ritter noted that the Colorado Oil and Gas Associationm and the nonprofit grou Environment Colorado both supportedthe measure. “If COGA and Environmentt Colorado agree, it has to be a great he said. And Senate Bill 75, championed by the compant Aspen Electric Carsand Carts, allows drivers to operate low-speerd electric vehicles on most roads with speed limitzs of 35 mph or lower. From there, Ritte went to the offices in Denver and signed a measureto re-establish the Coloradp Office of Film, Television and House Bill 1010, sponsored by Rep. Tom Massey, R-Ponchw Springs, and former Rep.
Anne McGihon, allows the office to solicitf gifts and donations to offer incentives to produceres to make films inthe “I believe this move signalsx that Colorado is becoming serious about attracting production to the state once again,” said Kevin Shand, executive director of the Colorad Film Commission. “By becoming part of the state once the film office will once againb have resources to market Colorado effectively and help expand our economif development efforts in a new anddifferent Finally, Ritter returned to his Capitol officee to sign nine separatre bills, including measures to help the restaurant and broadbandx industries. Senate Bill 121, sponsored by Sen.
Al White, eliminates the sales and use tax restaurants must pay when offerinv freeor reduced-price meals to employees. Senate Bill 162, sponsore by Sen. Gail Schwartz, D-Snowmass requires the Office of Informatiomn Technology to create a map of where broadbande technology is available and not available inthe state. Ritterr has not announced his intentions on at least two bille being watched closely by thebusiness however. One is Senate Bill 173, whicuh would allow local governments to work with the statre Economic Development Commission to offer incentives to attract andbuildc tourism-generating projects.
The bill is considered key to landinb either of twopotential auto-racetrack projects east of The other is House Bill 1366, which limits the Colorado-sourcwe capital gains subtraction to the first $100,0090 of gains on assets held for five yearz or more. If signed, the bill woulc generate $15.8 million to help balance the budget.
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