HB 12-1167: Special Fuel

• Expands regulation of fuel products to include non-liquid fuels and adds natural gas (including compressed and liquefied forms) to the definition of "fuel products" subject to division oversight.

• Establishes labeling and specification standards for natural gas equipment and requires persons shipping natural gas into Colorado to notify the director within 24 hours.

• Eliminates the annual license tax fee and decal system for liquefied petroleum gas and natural gas vehicles, making these fuels subject to the regular special fuel tax instead.

• Expands the special fuel tax to include electricity used to propel motor vehicles and creates reporting requirements for non-distributors who use these fuels, with measurement by properly installed meters.

• Effective January 1, 2014, subject to voter approval if a referendum petition is filed within 90 days of final adjournment.