Colorado Governor Bill Ritter spelled out his economic agenda for 2009 at a press conference at the Capitol. The governor’s proposals include:
• A job growth incentive program that would give eligible companies a tax credit up to 50% of its annual FICA taxes on new employees.
• Reviving the state’s “credit reserve” program. The program, which helps small businesses obtain loans from private banking institutions, could leverage more than $50 million in new loans.
• Increasing the funding of the new energy jobs program by $1 million a year.
• Increasing economic development incentives available to the clean energy fund by $1.4 million.
Ritter said that Colorado is “much better off than many other states.”
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Source: Denver Business Journal
Link: http://denver.bizjournals.com/denver/stories/2008/12/15/daily60.html
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