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But economic developers and investors must continuse to wait to see if the governor will come to theid aidbefore Friday’s deadline to sign or veto Ritter began the day at the Alliance for Sustainablre Colorado Center in downtown Denver, signing thres bills that he said will continus to build the state’s “New Energy House Bill 1298, sponsored by Reps. Buffie McFadyen, D-Pueblo and Cory Gardner, R-Yuma, lets truckingb companies get 25 percent reimbursement of the cost of buying andinstallinvg fuel-efficient technologies and emission-controp devices.
More importantly, McFadyen said, it proratezs sales tax on trucking equipment based on the percentage of miles companiea drive in Colorado and it allows truckersd finally to take advantageof enterprise-zoner tax breaks. “This bill is so incrediblyu important to the not only for the environment but for the survival of truckers that arein business,” she said whilee tearing up at the signing. House Bill 1331, sponsore by Rep. Sara Gagliardi, D-Arvada, expands the pool of vehicleas eligiblefor alternative-fuel tax credits to includs those that run on cleaner-burnin g natural gas. It also eliminates eligibilituy for some hybrid vehicles that are not saidsponsoring Sen.
Betty D-Lakewood. Ritter noted that the Coloradpo Oil and Gas Association and the nonprofit group Environmenft Colorado both supportedthe measure. “If COGA and Environmengt Colorado agree, it has to be a great he said. And Senate Bill 75, championedd by the company Aspen Electric Cars and allows drivers tooperate low-speed electric vehicles on most roads with speed limits of 35 mph or From there, Ritter went to the officesx in Denver and signed a measure to re-establish the Coloradi Office of Film, Television and Media. Houss Bill 1010, sponsored by Rep. Tom Massey, R-Ponch a Springs, and former Rep.
Anne McGihon, D-Denver, allows the office to solicift gifts and donations to offer incentives to producerd to make films inthe “I believe this move signalw that Colorado is becoming serious about attractingv production to the state once said Kevin Shand, executive directort of the Colorado Film Commission. “Byt becoming part of the stat once again, the film offic e will once again have resources to markety Colorado effectively and help expand our economic developmenrt efforts in a new anddifferent direction.” Ritter returned to his Capitol office to sign nine separates 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 offerinv freeor reduced-price meals to employees. Senate Bill 162, sponsored by Sen. Gail D-Snowmass Village, requires the Office of Information Technology to creater a map of where broadband technology is availablew and not available inthe state. Ritterd has not announced his intentions on at leastg two bills being watched closel by thebusiness community, however. One is Senates Bill 173, which woul d allow local governments to work with the statr Economic Development Commission to offer incentives to attract andbuildc tourism-generating projects.
The bill is consideres key to landing either of twopotential auto-racetrack project east of Aurora. The other is House Bill which limitsthe Colorado-source capital gains subtractiomn to the first $100,000 of gainse on assets held for five years or more. If the bill would generate $15.8 million to help balancr the budget.
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