Highlights from the Legislature on Tuesday | SummitDaily.com

Highlights from the Legislature on Tuesday

” The House gave tentative approval to a bill (House Bill 1257) that would allow public entities to put up to $250,000 into certificates of deposit. That’s the new maximum deposit amount guaranteed by the Federal Deposit Insurance Corp. Under current Colorado law, only up to $100,000 of public money may be put into CDs.

” The Senate approved and sent to the House a measure (Senate Bill 92) that would require the state to try to buy motor vehicles that operate on compressed natural gas. Starting in 2010, the state would have to buy vehicles that run on compressed natural gas as long as the cost is within 10 percent of a traditional vehicle. The second priority would be buying a flexible fuel or hybrid vehicle.

” The Senate gave final approval to a measure (Senate Bill 148) giving more rights and protections to bicyclists. It requires drivers to give cyclists at least a 3-foot berth when passing them. The bill also makes it a class one misdemeanor to throw something at a cyclist. People who do could be fined between $500 and $5,000 and be sent to jail for six to 18 months. The measure now heads to the House.

” The House Agriculture, Livestock and Natural Resources Committee took testimony but delayed a vote on a measure (House Bill 1255) that would change proposed new oil and gas regulations aimed at protecting wildlife.

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New bills:

” Increase license fees for restaurants (Senate Bill 223). Under the measure, sit-down restaurants serving up to 100 people would pay $255 a year, up from $154.

” Exempt a portion of commercial oil shale production from severance tax between 2012 and 2021 (Senate Bill 220).

” Create a property-tax credit for tuition paid to private and parochial schools for students who previously attended public school (Senate Bill 221).

” Require that signs warning drivers of traffic cameras be prominently displayed on the right side of the road (Senate Bill 222).

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