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Colorado lawmakers have massive to-do list with only a month left

Colorado lawmakers have massive to-do list with only a month left
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House OKs bill to retain tax exemption on pine beetle wood


The Colorado House approved a bill Wednesday to keep a sales and use tax exemption for timber companies that gather and sell wood damaged by pine beetles.
It was one of several measures aimed at dealing with climate change and wildfires that advanced through the Colorado Legislature this week.
The exemption, which expired last year, was put in place as a way of encouraging logging and milling companies to harvest the dead wood as a way of reducing it as a fuel in wildfires.
On paper, House Bill 1261 appears to cut state revenues by about $500,000 a year, but that’s money the state has never collected. The Legislature created the pine beetle wood exemption in 2008 to encourage a new market to do something with the damaged wood. ....

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