Statutory Revision Committee. Under current law, manufacturers
and distributors of fuel products in the state of Colorado are required to pay a fee each calendar month to the department of revenue (department). The fee is deposited in the petroleum storage tank fund. The department also collects another fee to fund the perfluoroalkyl and polyfluoroalkyl substances cash fund, support the department of transportation, support the Colorado state patrol, and pay the costs to the department for administering the fee.
The bill clarifies the fee amounts that the department is required
to collect for the petroleum storage tank fund and repeals outdated provisions regarding the other fee collected by the department.
