Tuesday, May 4, 2010

Summit County officials worry about effect of "Bad Three" election measures

Good morning. Here's a look at news reports from around the state on issues of interest to the Colorado Center on Law and Policy for Tuesday, May 4, 2010. Listing links here does not imply endorsement of the content.

FISCAL POLICY
The Denver Post: Republicans balk at “TABOR death panel”
Sen. Rollie Heath’s proposal to create a super commission empowered to recommend sweeping changes to the state constitution appears to be going nowhere this year.

Denver Business Journal: Democrats in Colorado Legislature beat back reboot of Internet-sales tax breaks
A Colorado legislative committee quickly scrapped a last-minute attempt Monday to reinstate tax breaks on software and Internet purchases that were taken away earlier this year.

Aurora Sentinel: Aurora City Council unanimously backs job incentives plan
Local businesses will be eligible to apply for tax breaks if they hire new employees, Aurora City Council members decided in a vote Monday evening.

Summit Daily News: Local officials worried over November ballot measures
Colorado Proposition 101 and Amendments 60 and 61 would make deep cuts to taxes, with major impacts to Summit County governments.
Also: Summit Daily News commentary: Don't go overboard cutting taxes


ECONOMY
Colorado Springs Gazette: Local home construction improves in April; foreclosures down slightly
Single-family building permits totaled 127 in the Springs and surrounding El Paso County during April, a nearly 70 percent increase compared with the same month last year, according to a report released today by the Pikes Peak Regional Building Department.

Steamboat Today: Steamboat sales tax dips 6 percent in March
After a relatively encouraging February, March sales tax figures showed more of a decrease than at least one city official expected.


HEALTH POLICY
Pueblo Chieftain: House passes nursing home sale delay bill
The House passed a bill Monday that seeks to delay the sale of Trinidad State Nursing home for about a year. In the meantime, Las Animas County and the city of Trinidad intend to ask voters there to pass a sales tax in order to take over operation of the home.


ECONOMIC SELF SUFFICIENCY
Colorado Independent: Compromise payday lending bill passes Senate
On Friday the state Senate passed a compromise version of Rep. Mark Ferrandino’s payday loan bill, which seeks to protect consumers against high interest rates and fees. Lawmakers fearing job-loss forecasts put forward by short-term loan industry softened the strictest limits the original version of the bill would have put in place. Ferrandino is confident the amended bill will pass in the House and head to the governor’s desk for signing this week.
Also: Colorado Pols: Payday Loan Passes Senate, Despite GOP Fears We're Welcoming the Mob
Also: Grand Junction Sentinel editorial: Lenders get bigger payday in latest legislative version

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