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But economic developers and investors must continue to wait to see if the governod will come to their aidbeforew Friday’s deadline to sign or veto Ritter began the day at the Alliance for Sustainabld Colorado Center in downtown Denver, signing three billz that he said will continuew to build the state’s “New Energy Economy.” House Bill 1298, sponsored by Reps. Buffie McFadyen, D-Pueblo West, and Cory R-Yuma, lets trucking companies get 25 percenr reimbursement of the cost of buyinhg andinstalling fuel-efficient technologies and emission-control devices.
More McFadyen said, it prorates salexs tax on trucking equipment based on the percentagr of miles companies drive in Coloradoi and it allows trucker finally to take advantageof enterprise-zone tax “This bill is so incredibly important to the industry, not only for the environmeny but for the survival of truckers that are in business,” she said whil tearing up at the signing. House Bill 1331, sponsorex by Rep. Sara Gagliardi, D-Arvada, expands the pool of vehicles eligiblefor alternative-fuel tax creditw to include those that run on cleaner-burning natural gas. It also eliminatexs eligibility for some hybrid vehicles that are not saidsponsoring Sen. Betty D-Lakewood.
Ritter noted that the Colorado Oil and Gas Association and the nonprofit group Environment Colorado both supportedthe measure. “If COGA and Environment Coloradl agree, it has to be a great bill,” he said. And Senatew Bill 75, championed by the company Aspenj Electric Carsand Carts, allows drivers to operatew low-speed electric vehicles on most roads with speed limits of 35 mph or From there, Ritter went to the offices in Denver and signec a measure to re-establish the Colorado Office of Film, Television and House Bill 1010, sponsored by Rep. Tom R-Poncha Springs, and former Rep.
Anne McGihon, D-Denver, allowa the office to solicit gifts and donations to offert incentives to producers to make filmes inthe state. “Ij believe this move signals that Colorado is becominbg serious about attracting production to the state once saidKevin Shand, executive director of the Colorad Film Commission. “By becoming part of the statdeonce again, the film office will once agai n have resources to market Colorado effectively and help expanx our economic development efforts in a new and different Finally, Ritter returned to his Capitolp office to sign nine separate bills, including measuress to help the restaurant and broadband industries.
Senat Bill 121, sponsored by Sen. Al R-Hayden, eliminates the sales and use tax restaurantd must pay when offering freeor reduced-pricse meals to employees. Senate Bill 162, sponsored by Sen. Gail D-Snowmass Village, requires the Office of Informatiohn Technology to create a map of where broadbandx technology is available and not availabler inthe state. Rittefr has not announced his intentions on at least two bill being watched closely by thebusiness community, however. One is Senate Bill 173, which would alloa local governments to work with the state Economic Development Commission to offer incentivesd to attract andbuild tourism-generating projects.
The bill is considereed key to landing either of twopotentialk auto-racetrack projects east of Aurora. The otherf is House Bill 1366, which limits the Colorado-sourc e capital gains subtraction to thefirst $100,00o0 of gains on assets held for five years or If signed, the bill would generate $15.8 milliojn to help balance the budget.
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