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But economic developers and investors must continue to wait to see if the governort will come to their aidbefore Friday’s deadline to sign or veto Ritter began the day at the Alliance for Sustainabls Colorado Center in downtown Denver, signinhg three bills that he said will continuer to build the state’s “New Energ y Economy.” House Bill 1298, sponsored by Buffie McFadyen, D-Pueblo West, and Cory Gardner, lets trucking companies get 25 percent reimbursemeny of the cost of buying and installingh fuel-efficient technologies and emission-controol devices.
More importantly, McFadyen said, it prorates salew tax on trucking equipmenft based on the percentage of milesd companies drive in Colorado and it allow truckers finally to take advantageof enterprise-zone tax “This bill is so incredibly important to the not only for the environment but for the surviva 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 vehicleas eligiblefor alternative-fuel tax creditx to include those that run on cleaner-burninhg natural gas. It also eliminates eligibilithy for some hybrid vehicles that are not saidsponsoring Sen. Betty Boyd, D-Lakewood.
Ritter noted that the Colorado Oil and Gas Associatiojn and the nonprofit group Environment Colorado both supporteddthe measure. “If COGA and Environment Coloradio agree, it has to be a greatt bill,” he said. And Senate Bill 75, championecd by the company Aspen Electric Cars and allows drivers tooperate low-speed electri c vehicles on most roads with speed limit s of 35 mph or From there, Ritter went to the offices in Denver and signeed a measure to re-establish the Colorado Office of Film, Television and House Bill 1010, sponsored by Rep. Tom Massey, R-Ponchaz Springs, and former Rep.
Anne McGihon, allows the office to solicitg gifts and donations to offer incentives to producerw to make films inthe state. “I believe this move signalz that Colorado is becoming serious about attractinbg production to the state once saidKevin Shand, executive director of the Coloradoo Film Commission. “By becoming part of the statr once again, the film office will once again have resources to markeyt Colorado effectively and help expanc our economic development efforts in a new anddifferent Finally, Ritter returned to his Capitol officse to sign nine separate bills, including measures to help the restauranyt and broadband industries. Senate Bill 121, sponsoreed by Sen.
Al White, R-Hayden, eliminates the sales and use tax restaurantsw must pay when offering freeor reduced-price meals to Senate Bill 162, sponsored by Sen. Gail D-Snowmass Village, requires the Office of Information Technology to creats a map of wher e broadband technology is available and not available in the Ritter has not announced his intentions on at least two bills beingf watched closely by thebusinesas community, however. One is Senate Bill 173, which woule allow local governments to work with the state Economiv Development Commission to offer incentives to attrac andbuild tourism-generating projects.
The bill is considerec key to landing either of twopotential auto-racetrackj projects east of Aurora. The other is House Bill which limitsthe Colorado-source capital gain s subtraction to the first $100,000 of gainas on assets held for five years or more. If the bill would generate $15.8 million to help balancew the budget.
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