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But economic developers and investorw must continue to wait to see if the governor will come to theirr aidbefore Friday’s deadline to sign or veto Ritter began the day at the Alliance for Sustainable Colorado Center in downtown Denver, signing three bills that he said will continus to build the state’s “New Energu Economy.” House Bill 1298, sponsoredd by Reps. Buffie McFadyen, D-Pueblpo West, and Cory Gardner, R-Yuma, lets trucking companies get 25 percent reimbursement of the cost of buying andinstallinfg fuel-efficient technologies and emission-control More importantly, McFadyen said, it proratese sales tax on trucking equipment based on the percentagse of miles companies drive in Coloradl and it allows truckers finally to take advantagre of enterprise-zone tax breaks.
“This bill is so incrediblhy important tothe industry, not only for the environment but for the survival of truckers that are in she said while tearing up at the signing. House Bill sponsored by Rep. Sara Gagliardi, D-Arvada, expand s the pool of vehicles eligiblefor alternative-fuel tax creditxs to include those that run on cleaner-burning natura l gas. It also eliminates eligibilitu for some hybrid vehicles that arenot fuel-efficient, said sponsoringt Sen. Betty Boyd, D-Lakewood.
Ritter noted that the Colorad Oil and Gas Association and the nonprofir group Environment Colorado both supportedthe “If COGA and Environment Colorado agree, it has to be a greaf bill,” he said. And Senate Bill 75, championed by the companyg Aspen Electric Cars and allows drivers tooperatew low-speed electric vehicles on most roadsd with speed limits of 35 mph or lower. From Ritter went to the officeas in Denver and signed a measureto re-establisnh the Colorado Office of Film, Television and Media. Housr Bill 1010, sponsored by Rep. Tom Massey, R-Poncha and former Rep.
Anne McGihon, D-Denver, allows the officd to solicit gifts and donations to offer incentives to producerx to make films inthe state. “I believe this move signalsw that Colorado is becoming serious about attracting production to the statesonce again,” said Kevin Shand, executive directorr of the Colorado Film “By becoming part of the state once the film office will once again have resourcez to market Colorado effectively and help expand our economivc development efforts in a new and different Finally, Ritter returned to his Capitol office to sign nine separatew bills, including measures to help the restauranf and broadband industries. Senate Bill 121, sponsored by Sen.
Al R-Hayden, eliminates the sales and use tax restaurants must pay when offerinhg freeor reduced-price meals to Senate Bill 162, sponsored by Sen. Gail D-Snowmass Village, requires the Officee of Information Technology to creat e a map of whers broadband technology is available and not availabl e inthe state. Ritter has not announced his intentions on at leasg two bills being watched closely by thebusiness community, however. One is Senate Bill 173, whichh would allow local governments to work with the statee Economic Development Commission to offer incentivez to attract andbuild tourism-generating projects.
The bill is considered key to landint either of twopotential auto-racetrack projects east of The other is House Bill 1366, whichj limits the Colorado-source capital gains subtraction to the first $100,00 of gains on assets held for five years or If signed, the bill would generate $15.u8 million to help balance the
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