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Louisville 2014 Legislative Agenda (in no particular order) <br />Tax Policy <br />The City supports a fair and consistent State policy that respects the authority of local <br />governments. Further, the City opposes State exemptions that erode municipal sales tax, <br />use taxes, property taxes and other revenue sources. <br />Position: <br />The City opposes legislation that preempts local authority to impose and collect <br />sales and use taxes. <br />Supports voluntary, cooperative efforts among Colorado municipalities to <br />standardize sales and use tax practices and utilize technology for the <br />convenience of taxpayers, the business community and municipalities. <br />The City opposes State-granted exemptions or other State actions that erode municipal <br />sales taxes, use taxes, property taxes, and other revenue sources unless the State <br />provides adequate replacement revenues. <br />Supports equitable sharing with municipalities of existing and future State revenues <br />derived from State-collected, locally shared revenues, such as the Cigarette Tax, <br />Highway Users Tax Fund, Lottery and Marijuana. <br />Historic Rehabilitation Tax Credit <br />The historic preservation community is considering a bill that would increase the state <br />income tax credit that can be claimed to offset the cost of historic structure rehabilitation <br />projects. Current statute allows a 20 percent credit for income-producing and <br />homeowner properties. There is currently a $50,000 per project cap. The bill under <br />discussion would raise those limits and allow credits to be transferred to other parties. <br />Few credits have been claimed during the past 5 years prompting concern that the <br />current limits make the program unattractive. <br />Louisville in 2009 passed a preservation tax to provide incentives for commercial and <br />residential landmarks. Increases in limits and to the cap of the state historic rehabilitation <br />tax credit would provide additional incentive for businesses and homes in Louisville to <br />preserve their historic structure. <br />Position: <br />Support an increase to the state income tax credit that can be claimed to offset <br />the cost of historic rehabilitation projects. <br />Home Rule: Maintaining Local Control <br />The City supports local control and maintaining home rule authority. In general, the City <br />believes that local problems are best addressed at the local level and the current <br />authority and powers of municipal governments such as land use, zoning, personnel <br />matters, sales tax, etc. should not be diminished. <br />Position: <br />The City urges State officials to respect Colorado’s tradition of local control and <br />allow municipal officials to address local problems without State interference. <br />Support revisions on local liquor licensing process and fees, and minor <br />adjustments in licenses. <br />Early Childhood Development <br />The City is happy to have support for early literacy in the form of State Grants for Libraries Act for <br />Fiscal Year 2013-2014 funds. These funds are a huge help in supplementing and building parts <br />of our collections that support young readers. <br />