New law provides credits for alternative-fuel trucks
Last Updated: 18:24 June 11, 2014
HB14-1326, sponsored Colorado Rep. Dianne Primavera, D-Broomfield, creates a tax credit for businesses or individuals that purchase light-weight and commercial trucks that run on electricity, hydrogen, compressed natural gas or liquefied petroleum gas.
The bill also clarifies which vehicles are eligible for existing tax credits.
"This new tax credit will spur more investment into these developing technologies and create jobs across Colorado," Primervera said in a prepared statement. "These electric and alternative-fuel trucks will also reduce pollution and make our air cleaner."
More breaking news...
Amgen shutting down Boulder, Longmont sites
Mapleton property sold twice in 7 months
Colorado sees record visitor numbers in 2013
Mapleton Hill Investments LLC, registered to Don Altman, a partner of AGR
The 2013 spending figure represents an increase of 5 percent over 2012, in which the state hosted 57.9 million visitors who spent