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Loveland Could Lose up to 50 Thousand Dollars Each Year

The city of Loveland is again standing up and trying to be heard when it comes to new gun laws. Loveland seems to be standing alone in the state, but that hasn’t stopped them from requesting that the Governor stay the enforcement of house bill 1229.

According to the Loveland Reporter Herald, the community impact from bill 1229 and bill 1224 the city could lose up to $48,750 every year in sales tax revenue.

Loveland is the only city to send the governor a letter, now 2, in regards to the gun laws. Loveland has heard from both for-profit and non-profit businesses on the potential impact of the new laws that went into effect July 1, 2013.

It’s yet to be seen if the councils letters will make an impact on the new gun laws, but despite the final outcome some city council members say it may not be the last letter that they send the governor.

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