In a precedent-setting decision, the 10th Circuit Court of Appeals upheld the constitutionality of Colorado’s renewable portfolio standard (RPS) yesterday, ruling that the state’s RPS does not impose unlawful regulations on out-of-state companies. In their written opinion, the judges determined that Colorado’s RPS would not harm interstate commerce.
Colorado U.S. Senator Michael Bennet applauded the Department of Interior's announcement that $30,946,187 in Payment in Lieu of Taxes (PILT) disbursements have been issued to Colorado counties. The PILT program provides federal payments to local governments that have nontaxable federal land within their boundaries to help offset losses in property taxes. This funding is used to carry out vital services like fire and law enforcement protection and road maintenance.
Twin City Water Work, Inc., a Utah non-profit corporation that does business in Colorado City, Arizona, recently plead guilty to a class 6 undesignated Felony of Attempted Knowing Failure to File Tax with the Intent to Evade in the Superior Court of Arizona. As a result of the June 10, 2015 plea, the company will pay $390,683 in back taxes and penalties and will be placed on three years of probation.
COLORADO ATTORNEY GENERAL CYNTHIA H. COFFMAN DELIVERS $450,000 IN RESTITUTION TO HOMEOWNERS OVERCHARGED BY...
Colorado Attorney General Cynthia H. Coffman announced today that her office has sent out checks totaling approximately $450,000 to homeowners who were improperly charged posting and title foreclosure costs by the former foreclosure law firm The Law Office of Michael P. Medved. Homeowners were overcharged by having to pay the law firm’s fees as part of making their mortgage current when they stopped their foreclosure through cure or reinstatement
Colorado U.S. Senators Michael Bennet and Cory Gardner today urged the Senate Veterans' Affairs Committee to apply accountability measures to the ongoing construction of the Denver Replacement Medical Center. The senators offered specific proposals to ensure that this and future VA construction projects are completed with an appropriate level of Congressional oversight.
COLORADO ATTORNEY GENERAL COFFMAN PROVIDES OVER $7.7 MILLION IN RESTITUTION TO HOMEOWNERS OVERCHARGED BY...
Colorado Attorney General Cynthia H. Coffman announced today that her office has sent out more than 20,000 checks to homeowners who were improperly charged false and inflated foreclosure costs by foreclosure law firm Aronowitz & Mecklenburg, LLP. Attorney General Coffman contracted with a third-party Administrator to send out the payments totaling over $7.7 million. Homeowners eligible for these payments cured, reinstated, or entered a loan modification to stop a foreclosure initiated through Aronowitz & Mecklenburg.
Congressman Scott Tipton (R-CO) joined with a bipartisan group of his House colleagues to urge House leadership to prioritize funding for the Payment in Lieu of Taxes (PILT) program for Fiscal Year (FY) 2016, and to work toward a long-term, sustainable solution for the vital program on which rural counties rely to provide essential services. Tipton also sent a letter to House appropriators this week requesting full funding for PILT in FY 2016 Interior, Environment and Related Agencies Appropriations.
Today, Congressman Scott Tipton (R-CO) questioned Department of Housing and Urban Development (HUD) Secretary Julian Castro during a House Committee on Financial Services oversight hearing to examine the Federal Housing Administration’s (FHA) precarious financial state 1st Priority Roofing
WASHINGTON, D.C. - June 27, 2013 - (RealEstateRama) -- Mark Udall, who serves on the U.S. Senate Energy and Natural Resources Committee, re-introduced his Solar Uniting Neighborhoods (SUN) Act today. The bill, developed based on ideas from Udall's 2010 Colorado Energy Summit, would encourage homeowners throughout Colorado to buy into solar community projects by making them eligible for the same renewable energy tax credit homeowners receive when they install solar panels on their homes
Bill Updates Income Tax Code for Solar Power, Offers Tax Credit for Homeowners who Invest in Community Solar Projects. Washington, D.C. - March 17, 2010 - (RealEstateRama) -- A month ago, U.S. Senator Mark Udall had the opportunity to spend a week listening to Coloradans' ideas for how to strengthen the state's economy during a visit to the Western Slope and at an Energy Jobs Summit he co-sponsored in Aurora. He heard firsthand from business leaders and citizens about ways he could partner with Colorado communities to create jobs and strengthen the clean energy economy. And today, Senator Udall rolled out the first of a package of clean-energy job-creation bills based on those ideas - specifically an idea he heard during a visit to Holy Cross Energy in Glenwood Springs
GOV. RITTER & LAWMAKERS ANNOUNCE NEW PLAN TO PROTECT COLORADO NEIGHBORHOODS FROM ABANDONED HOMES
LAKEWOOD, CO - December 23, 2009 - (RealEstateRama) -- Gov. Bill Ritter and state lawmakers today announced a major step forward in tackling Colorado’s high foreclosure rate, unveiling legislation that will speed up the sale of abandoned homes and protect neighborhoods from vandalism and declining property values.
Washington, DC - December 9, 2009 - (RealEstateRama) -- Colorado homebuyers will be able to take advantage of the $8,000 homebuyer tax credit for an additional three months, Congresswoman Betsy Markey announced today
Washington, DC - December 1, 2009 - (RealEstateRama) -- Beginning today, Colorado homebuyers will be able to take advantage of the $8,000 homebuyer tax credit for an additional three months, U.S. Rep. Ed Perlmutter (CO-07) announced
Bi-partisan measure will cut cost of renewable energy, create jobs. Washington, DC - November 23, 2009 - (RealEstateRama) -- Congresswoman Betsy Markey was today joined by Congressman Erik Paulsen (R-MN) in introducing the Renewable Electricity Integration Tax Credit Act (REITC), which will provide a tax credit for utilities to integrate more wind and solar into their energy portfolios.
Washington, DC - November 23, 2009 - (RealEstateRama) -- Congresswoman Betsy Markey today announced that nearly $100 million has been awarded to NextEra Energy Resources to expand the Northern Colorado Wind Energy farm in Peetz, Colorado. Funded through the American Recovery and Reinvestment Act in lieu of a production tax credit, the award will allow quicker job creation in the near term and investment in infrastructure that will provide long-term economic benefits.
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