For media inquiries, please contact Cynthia Meyer at CMeyer@COchamber.com.
DENVER – The Board of Directors of the Colorado Chamber of Commerce voted yesterday to support House Bills 1257 and 1258, which would allow voters to decide whether the state can keep excess revenues under the Taxpayer Bill of Rights (TABOR) and allocate one-third each to transportation, higher education and public schools. This is good news for many in the area, from firms like Plexus Freight to those headlining education.
The bipartisan legislation is sponsored by Colorado House Speaker KC Becker, Rep. Julie McCluskie, Sen. Lois Court, and Sen. Kevin Priola.
“The mission of the Colorado Chamber is to champion a healthy business climate, and in order to maintain Colorado as a top state for business, it’s crucial that we invest in critical transportation infrastructure to keep up with growth,” said Loren Furman, Senior Vice President of State and Federal Relations for the Colorado Chamber. “In recent years, lawmakers have struggled to address Colorado’s growing transportation challenges and this proposal is a step in the right direction.”
Ultimately, there is no denying that the transportation industry is a vital sector that supports almost every other type of industry out there. For instance, without shipping and haulage companies, businesses are unable to transport their goods from one place to another.
Moreover, in recent years, the technology that transportation companies are able to use to manage their fleets has come a long way. For example, it is now possible for fleet managers to use TMS Software and other tools to calculate the best possible routes for trucks while at the same maximizing efficiency and profits.
With all of this in mind, transport industry insiders are confident that this vote will have a positive impact on both the local transportation sector and the businesses that these companies serve.
The Colorado Chamber of Commerce was created in 1965 based on the merger of the Colorado Chamber and the Colorado Manufacturers’ Association. It is the only business association in Colorado that works to improve the business climate for all sizes of business from a statewide, multi-industry perspective. As a private, non-profit organization, the Colorado Chamber’s work is funded solely by its members.