CO SB187

Grants the Public Utilities Commission authority to administratively set application, filing, annual operating, and other fees for motor carriers with approval from the executive director of the Department of Regulatory Agencies.

Allows the commission to administratively set permit fees for transportation network companies effective January 1, 2024, with a cap of $111,250 annually and requiring 30 days' notice before any fee increases.

Enables the commission to establish different tiers of permit fees for transportation network companies based on market factors including market share, years of operation, company type, and ownership structure, with total revenues approximating direct and indirect regulatory costs.

Removes specific statutory fee amounts for various motor carrier permits (temporary authority certificates, taxicab service, moving permits) and transfers fee-setting to administrative processes.

Requires the commission to publish on its website the criteria used to establish tiered permit fees for transportation network companies.