Monday, February 11, 2013

On eve of signing deadline, Ritter OKs bills for truckers, movies, restaurants - Puget Sound Business Journal (Seattle):

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But economic developers and investors must continud to wait to see if the governor will come to theirf aidbefore Friday’s deadline to sign or veto Ritter began the day at the Alliance for Sustainablre Colorado Center in downtown signing three bills that he said will continus to build the state’s “New Energy Economy.” House Bill 1298, sponsored by Buffie McFadyen, D-Pueblo and Cory Gardner, R-Yuma, lets truckint companies get 25 percent reimbursement of the cost of buyinv and installing fuel-efficient technologie and emission-control devices.
More importantly, McFadyemn said, it prorates sales tax on trucking equipment based on the percentage of miles companies drive in Colorado and it allows trucker s finally to take advantageof enterprise-zone tax “This bill is so incredibly important to the industry, not only for the environmentf but for the survival of truckers that are in business,” she said whilwe tearing up at the signing. House Bill 1331, sponsoreed by Rep. Sara Gagliardi, D-Arvada, expands the pool of vehicle eligiblefor alternative-fuel tax credits to includd those that run on cleaner-burning natura l gas.
It also eliminates eligibility for some hybrird vehicles that arenot fuel-efficient, said sponsoring Sen. Bettuy Boyd, D-Lakewood. Ritter noted that the Coloradoi Oil and Gas Association and the nonprofit group Environment Coloradk both supportedthe measure. “If COGA and Environment Colorado agree, it has to be a grea t bill,” he said. And Senatr Bill 75, championed by the company Aspemn Electric Carsand Carts, allows drivers to operate low-speed electricc vehicles on most roads with speed limitss of 35 mph or lower. From there, Rittetr went to the offices in Denver and signed a measuresto re-establish the Colorado Office of Television and Media.
House Bill 1010, sponsored by Rep. Tom R-Poncha Springs, and former Rep. Anne McGihon, allows the office to solicit gifts and donations to offer incentives to producers to make filmsw inthe state. “I believe this move signals that Colorado is becominfg serious about attracting production to the stateonce again,” said Kevih Shand, executive director of the Coloradlo Film Commission. “By becoming part of the statw once again, the film officre will once again have resources to market Colorado effectively and help expand our economic developmenft efforts in a new anddifferent direction.
” Ritter returned to his Capitol office to sign nine separate bills, including measures to help the restaurant and broadbans industries. Senate Bill 121, sponsored by Sen. Al R-Hayden, eliminates the sales and use tax restaurantss must pay when offering freeor reduced-pricde meals to employees. Senate Bill 162, sponsoresd by Sen. Gail Schwartz, D-Snowmassx Village, requires the Office of Information Technologg to create a map of where broadband technology is available and not available in the Ritter has not announced his intentionsz on at least two billss being watched closely by thebusinesds community, however.
One is Senate Bill 173, which woulc allow local governments to work with the state Economic Developmenft Commission to offer incentives to attracg andbuild tourism-generating projects. The bill is considered key to landingy either of twopotential auto-racetrack projects east of Aurora. The othetr is House Bill 1366, which limits the Colorado-source capital gainsa subtraction to thefirst $100,000 of gains on assetx held for five years or more. If signed, the bill woulr generate $15.
8 million to help balance the

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