Thursday, June 30, 2011

On eve of signing deadline, Ritter OKs bills for truckers, movies, restaurants - St. Louis Business Journal:

jidyryq.wordpress.com
But economic developers and investors must continue to wait to see if the governord will come to their aidbeforde Friday’s deadline to sign or veto legislation. Ritter beganj the day at the Alliance for Sustainablre Colorado Center indowntown Denver, signing threw bills that he said will continue to build the state’as “New Energy Economy.” House Bill 1298, sponsored by Buffie McFadyen, D-Pueblo West, and Cory R-Yuma, lets trucking companies get 25 percentt reimbursement of the cost of buyint and installing fuel-efficient technologies and emission-control More importantly, McFadyen said, it prorates sale tax on trucking equipment base on the percentage of miles companies drive in Colorad o and it allows truckers finallgy to take advantage of enterprise-zone tax “This bill is so incredibly important to the not only for the environmenyt but for the survival 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 vehicles eligiblefor alternative-fuel tax credits to include thos that run on cleaner-burning natural gas. It also eliminated eligibility for some hybridr vehicles that arenot fuel-efficient, said sponsoring Sen. Bettyt Boyd, D-Lakewood. Ritter noted that the Coloradok Oil and Gas Associationh and the nonprofit group Environment Coloradp both supportedthe measure. “If COGA and Environment Colorado it has to be agreatt bill,” he said.
And Senate Bill 75, championesd by the company Aspen Electric Carsand Carts, allowsz drivers to operate low-speed electric vehiclez on most roads with speed limits of 35 mph or From there, Ritter went to the offices in Denver and signed a measure to re-establishn the Colorado Office of Film, Television and Media. House Bill sponsored by Rep. Tom R-Poncha Springs, and former Rep. Anne McGihon, D-Denver, allowd the office to solicit gifts and donations to offer incentivews to producers to make films inthe “I believe this move signals that Colorado is becominhg serious about attracting production to the state once again,” said Kevinn Shand, executive director of the Colorado Film “By becoming part of the state once again, the film office will once againb have resources to market Colorado effectively and help expanx our economic development efforts in a new and differenyt direction.
” Finally, Ritter returned to his Capito l office to sign nine separate bills, including measures to help the restaurangt and broadband industries. Senate Bill 121, sponsored by Sen. Al R-Hayden, eliminates the sales and use tax restaurants must pay when offering freeor reduced-price meals to employees. Senate Bill 162, sponsored by Sen. Gail D-Snowmass Village, requires the Office of Information Technology to creat a map of where broadband technologyy is available and not available in the Ritter has not announced his intentions on at leasyt two bills being watchee closely by thebusiness community, however.
One is Senatee Bill 173, which would allow local governments to work with the states Economic Development Commission to offe r incentives to attract andbuild tourism-generating The bill is considered key to landinyg either of two potentiakl auto-racetrack projects east of Aurora. The otherd is House Bill 1366, which limits the Colorado-source capital gains subtraction to thefirsgt $100,000 of gains on assets held for five yearsd or more. If signed, the bill would generats $15.8 million to help balance the budget.

No comments:

Post a Comment