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But economic developers and investors must continue to wait to see if the governor will come to their aidbefore Friday’s deadliner to sign or veto legislation. Ritter began the day at the Alliancre for Sustainable Colorado Center indowntownn Denver, signing three bills that he said will continue to builed the state’s “New Energy Economy.” House Bill 1298, sponsoredd by Reps. Buffie D-Pueblo West, and Cory Gardner, R-Yuma, lets truckingb companies get 25 percenft reimbursement of the cost of buying andinstalling fuel-efficienyt technologies and emission-control devices.
More importantly, McFadyen it prorates sales tax on trucking equipment basedr on the percentage of miles companiew drive in Colorado and it allows truckers finally to take advantage of enterprise-zone tax breaks. “This bill is so incrediblh important tothe industry, not only for the environmeng but for the survival of truckers that are in business,” she said whiles tearing up at the signing. House Bill sponsored by Rep. Sara D-Arvada, expands the pool of vehicles eligiblefor alternative-fuel tax creditss to include those that run on cleaner-burnin g natural gas. It also eliminates eligibilitty for some hybrid vehicles that are not saidsponsoring Sen. Betty Boyd, D-Lakewood.
Ritteer noted that the Colorado Oil and Gas Association and the nonprofit group Environmentr Colorado both supportedthe measure. “If COGA and Environment Colorado agree, it has to be a grear bill,” he said. And Senate Bill 75, championed by the compan y Aspen Electric Cars and allows drivers tooperate low-speesd electric vehicles on most roads with speedf limits of 35 mph or lower. From there, Ritter went to the officeas in Denver and signed a measureto re-establish the Colorado Offic of Film, Television and House Bill 1010, sponsored by Rep. Tom R-Poncha Springs, and former Rep.
Anne D-Denver, allows the office to solicit giftsw and donations to offer incentives to producers to make filmd inthe state. “I believe this move signale that Colorado is becoming seriouse about attracting production to the state once saidKevin Shand, executive director of the Coloradol Film Commission. “By becoming part of the statd once again, the film office will once again have resources to market Colorado effectively and help expand our economic developmengt efforts in a new anddifferent Finally, Ritter returned to his Capitol office to sign nine separate bills, including measures to help the restaurant and broadband Senate Bill 121, sponsored by Sen.
Al R-Hayden, eliminates the sales and use tax restaurants must pay when offering freeor reduced-price meals to Senate Bill 162, sponsored by Sen. Gail Schwartz, D-Snowmass requires the Office of Information Technology to create a map of wheres broadband technology is availablr and not available inthe state. Ritter has not announcedd his intentions on at least two bills being watched closely by thebusiness community, One is Senate Bill 173, which woulx allow local governments to work with the state Economic Development Commission to offer incentives to attractf and build tourism-generating projects.
The bill is considered key to landing eitherf of twopotential auto-racetrack projectws east of Aurora. The othefr is House Bill 1366, which limitd the Colorado-source capital gains subtraction to thefirst $100,000 of gainse on assets held for five years or more. If the bill would generate $15.8 million to help balanc the budget.
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