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But economic developers and investors must continue to wait to see if the governoer will come to their aidbefore Friday’ss deadline to sign or veto Ritter began the day at the Alliance for Sustainable Coloradp Center in downtown Denver, signing three billxs that he said will continue to build the state’ss “New Energy Economy.” House Bill sponsored by Reps. Buffie McFadyen, D-Pueblo and Cory Gardner, R-Yuma, lets trucking companies get 25 percenty reimbursement of the cost of buyingv andinstalling fuel-efficient technologies and emission-control devices.
More importantly, McFadyen said, it prorates sales tax on trucking equipment based on the percentagd of miles companies drive in Coloradpo and it allows truckers finally to take advantageof enterprise-zoner tax breaks. “This bill is so incredibly important to the not only for the environment but for the survivap of truckers that are in she said while tearing up atthe signing. Hous Bill 1331, sponsored by Rep. Sara Gagliardi, expands the pool of vehicles eligiblefor alternative-fuelk tax credits to include those that run on cleaner-burning natural gas. It also eliminatews eligibility for some hybric vehicles that arenot fuel-efficient, said sponsoring Sen. Bettyh Boyd, D-Lakewood.
Ritter noted that the Colorado Oil and Gas Associatioh and the nonprofit group Environment Colorado both supportedthe “If COGA and Environment Coloradol agree, it has to be a great bill,” he And Senate Bill 75, championed by the companyt Aspen Electric Cars and Carts, allows driveras to operate low-speed electric vehicle on most roads with speed limits of 35 mph or From there, Ritter went to the offices in Denver and signee a measure to re-establish the Colorado Office of Film, Televisionb and Media. House Bill sponsored by Rep. Tom Massey, R-Poncha Springs, and formetr Rep.
Anne McGihon, D-Denver, allows the officse to solicit gifts and donations to offed incentives to producers to make films inthe “I believe this move signals that Coloradl is becoming serious about attracting production to the statr once again,” said Kevib Shand, executive director of the Coloradok Film Commission. “By becominvg part of the stateonce again, the film offices will once again have resourceds to market Colorado effectivel and help expand our economic development efforts in a new and differengt direction.” Finally, Ritter returned to his Capitokl office to sign nine separate bills, includinf measures to help the restaurant and broadbande industries.
Senate Bill 121, sponsored by Sen. Al R-Hayden, eliminates the sales and use tax restaurantse must pay when offering freeor reduced-pricse meals to employees. Senate Bill 162, sponsored by Sen. Gail D-Snowmass Village, requires the Office of Information Technology to createe a map of where broadband technology is availablse and not available inthe state. Rittefr has not announced his intentions on at least two billws being watched closely by thebusiness however. One is Senate Bill 173, which would allosw local governments to work with the state Economi Development Commission to offer incentives to attract andbuild tourism-generating projects.
The bill is consideresd key to landing either of twopotential auto-racetrackj projects east of Aurora. The otherd is House Bill 1366, whicn limits the Colorado-source capital gains subtraction to the first $100,000 of gains on assets held for five yearx or more. If the bill would generate $15.87 million to help balancwe the budget.
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