Trending...
- Kevin Francis Design Introduces CHROMA, a Collection of Saturated Solid Color Wool Rugs - 275
- Governor Polis and Division of Insurance Announce Call for Coloradans to Apply to the Strengthen Colorado Homes Enterprise Board
- Colorado Springs: Storm recovery continues in North Cheyenne Cañon Park; roads remain closed
AURORA ~ AURORA - In a move to support Colorado's agricultural businesses and promote economic growth, Governor Polis signed HB24B-1003, also known as the Business Personal Property Tax Exemptions bill. The bill, sponsored by Representatives Matt Soper and Junie Joseph and Senators Kevin Priola and Mark Baisley, will provide tax relief for greenhouses and other agricultural businesses in the state.
During the signing ceremony at Gotham Greens, a fresh food company with two large greenhouses in Aurora and Windsor, Governor Polis expressed his pride in Colorado's role in providing food for both local communities and the world. He emphasized the importance of supporting the success of agricultural businesses and entrepreneurs.
More on Colorado Desk
The bill will make certain property tax exemptions permanent, including an exemption for equipment used in greenhouses to grow food. This will not only help save money for these businesses but also attract additional investment to the growing indoor agriculture sector. With its water and land efficiency, this sector has the potential to produce crops year-round.
The personal property tax relief provided by this bill is expected to have a positive impact on job creation and Colorado's economy as a whole. By cutting taxes for greenhouses and other agricultural businesses, more money will be kept in the pockets of hardworking Coloradans who contribute to the state's economy.
Governor Polis' signing of HB24B-1003 marks a significant step towards supporting Colorado's agricultural industry and promoting sustainable practices. With this new legislation in place, it is hoped that more businesses will be encouraged to invest in this key area, further strengthening Colorado's economy.
During the signing ceremony at Gotham Greens, a fresh food company with two large greenhouses in Aurora and Windsor, Governor Polis expressed his pride in Colorado's role in providing food for both local communities and the world. He emphasized the importance of supporting the success of agricultural businesses and entrepreneurs.
More on Colorado Desk
- What Happens When Congress Says No? New Book Examines the Boland Amendments, Iran-Contra Affair & Jamaican Posse, as US Congress Debate Over Military
- Warm, Dry Summer Forecast Points to a Stronger Wasp and Yellowjacket Season Across the Pacific Northwest
- Qscription Technologies Appoints Anurag Velekkatt Sunil Kumar to Drive Enterprise Scale
- Colorado: TC Modular, LLC Becomes First Rural Jump-Start Participant in Phillips County
- SafeBets Named Presenting Sponsor of IMCX 2026, Bringing Its No-Deposit Prediction Platform to the Creator Economy's Deal-Making Conference
The bill will make certain property tax exemptions permanent, including an exemption for equipment used in greenhouses to grow food. This will not only help save money for these businesses but also attract additional investment to the growing indoor agriculture sector. With its water and land efficiency, this sector has the potential to produce crops year-round.
The personal property tax relief provided by this bill is expected to have a positive impact on job creation and Colorado's economy as a whole. By cutting taxes for greenhouses and other agricultural businesses, more money will be kept in the pockets of hardworking Coloradans who contribute to the state's economy.
Governor Polis' signing of HB24B-1003 marks a significant step towards supporting Colorado's agricultural industry and promoting sustainable practices. With this new legislation in place, it is hoped that more businesses will be encouraged to invest in this key area, further strengthening Colorado's economy.
0 Comments
Latest on Colorado Desk
- RIGHT CARS Announces Landmark African Expansion Through Strategic Collaboration Agreement Across Eight Nations
- As 600,000 Black Women Lose Jobs, Colorado Springs Entrepreneur Asks the Questions AI Policy Won't
- Colorado: Governor Polis Memorializes Verbal Disaster Declaration For Sharpe Fire in Baca County
- Saving People Money on Healthcare: Colorado Receives FDA Approval to Import Lower-Cost Drugs from Canada to Save Coloradans Money on Prescription Medications
- Colorado: Governor Polis Visits Volyn Ukraine to Deliver on Sister-State Agreement
- Boston Industrial Solutions' Natron® 717N Series UV LED Ink Receives CPSIA Certification
- purelyIV Expands Mobile IV Therapy to Jackson, MI and Launches PlaqueX® IV Therapy
- Leimert Juneteenth Community Celebration Set for Friday, June 19, in Leimert Park Village
- UK Financial Ltd Publishes Maya Preferred Public Proof Package and CoinMarketCap Supply Verification Evidence
- Colorado: Governor Polis Leads Delegation to Poland
- Colorado: Governor Polis Leads Delegation to Germany
- Andrew-Thomas Contractors Expands Local Fencing Resources with New Wheat Ridge Service Page
- Advancing High-Potential Nevada Critical Minerals Portfolio as Major Drill Program Nears Assay Results: Glenstar Minerals: Stock Symbol: GSTRF
- Allstream Energy Partners to Host 6th Executive Networking After 2026 Energy Projects Conference
- CAPHRA: Australia and Thailand show nicotine prohibition fuels illicit markets
- Custom Disposables - Wholesale Packaging Solutions for restaurants, food chains, and food distributors
- California Security Glass is an affordable bulletproof glass installation company in LA serving a variety of neighboring cities
- Allstream Energy Partners Announce Media Partnership with the 2026 EPC Show - The Energy Projects Conference
- Gravitas Launches SUDO, a Privacy First AI Platform Built for Law Firms and CPA Practices
- STO Foundation Launching June 29, 2026 to Advance the Global Tokenization Industry