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Extend Repeal Dates Petroleum Storage Tank Fund

Concerning the extension of dates related to the petroleum storage tank fund.

HB16-1044 2016 Regular Session Not stated Labor & Employment Natural Resources & Environment

Cost estimates

At the first note read
Stated in words
FACT January 26, 2016
At the last note read
Stated in words
FACT May 23, 2016
What it actually cost
not published
No Colorado source reports spending for one bill

Every figure here is an estimate by Legislative Council Staff on the date shown, about the version of the bill in front of them that day. It is not a cost.

The appropriation

The note states no appropriation is required.

An appropriation is money the legislature sets aside. It is not money spent.

The appropriation field, read from the note: None.

Bill summary

Current law provides that, beginning July 1, 2018, if the available balance of the petroleum storage tank fund exceeds $8,000,000, no environmental response surcharge is imposed. Section 1 of the act extends that date to September 1, 2023. Current law authorizing the use of the petroleum storage tank fund for petroleum storage tank facility inspections and meter calibrations repeals on July 1, 2018. Section 2 extends this date to September 1, 2023.

FACT Bill summary by Colorado Legislative Council Staff, read 2026-09-23. Printed as published, word for word. Source: leg.colorado.gov (opens in a new tab)