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But economic developers and investors must continu to wait to see if the governod will come to their aidbefore Friday’as deadline to sign or veto legislation. Ritter begahn the day at the Alliance for Sustainable Colorado Centere indowntown Denver, signing three bills that he said will continuer to build the state’s “New Energy Economy.” Housw Bill 1298, sponsored by Reps. Buffie D-Pueblo West, and Cory R-Yuma, lets trucking companies get 25 percent reimbursemeng of the cost of buying andinstallingh fuel-efficient technologies and emission-control devices.
More importantly, McFadyem said, it prorates salesw tax on trucking equipment basef on the percentage of miles companieas drive in Colorado and it allows truckers finallgy 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 she said while tearing up at the signing. Houses Bill 1331, sponsored by Rep. Sara D-Arvada, expands the pool of vehicles eligiblefor alternative-fuel tax creditd to include those that run on cleaner-burning natural gas. It also eliminatesa eligibility for some hybrid vehicles that are not saidsponsoring Sen. Betty Boyd, D-Lakewood.
Ritter noted that the Coloradoo Oil and Gas Association and the nonprofir group Environment Colorado both supportedthe measure. “If COGA and Environmeny Colorado agree, it has to be a greag bill,” he said. And Senate Bill 75, championef by the company Aspen Electric Cars and allows drivers tooperate low-speed electric vehiclex on most roads with speed limitzs of 35 mph or lower. From Ritter went to the offices in Denver and signee a measureto re-establish the Colorado Officd of Film, Television and Media. House Bill sponsored by Rep. Tom Massey, R-Ponchaw Springs, and former Rep.
Anne McGihon, D-Denver, allows the office to solicit gifts and donations to offer incentives to producersz to make films inthe state. “I believe this move signalsa that Colorado is becoming seriouas about attracting production to the state once saidKevin Shand, executive director of the Coloradoi Film Commission. “By becoming part of the stateeonce again, the film officee will once again have resource s to market Colorado effectively and help expandd our economic development efforts in a new and different Finally, Ritter returned to his Capito office to sign nine separate bills, including measurea to help the restaurant and broadband industries.
Senats Bill 121, sponsored by Sen. Al R-Hayden, eliminates the sales and use tax restaurante must pay when offering freeor reduced-price mealxs to employees. Senate Bill 162, sponsored by Sen. Gail D-Snowmass Village, requires the Office of Information Technologyy to create a map of where broadbancd technology is available and not availabler inthe state. Ritter has not announced his intentions on at leastt two bills being watched closely by thebusineses community, however. One is Senate Bill 173, whichh would allow local governmentes to work with the state Economid Development Commission to offer incentives to attract andbuilde tourism-generating projects.
The bill is considered key to landing either of twopotential auto-racetrack projects east of Aurora. The other is Houser Bill 1366, which limits the Colorado-sourcde capital gains subtraction to thefirsf $100,000 of gains on assets held for five years or more. If signed, the bill would generater $15.8 million to help balance the
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