SB 23-280 Summary

• Creates the Fuels Impact Enterprise as a government-owned business to impose a fuels impact reduction fee on fuel distributors beginning September 1, 2023, at a rate up to 0.006125 dollars per gallon to fund hazardous materials mitigation infrastructure.

• Establishes the Fuels Impact Enterprise Fund and requires annual distribution of $10 million to five counties (Adams, Aurora, El Paso, Mesa, and Otero) for hazardous mitigation corridor improvements, with up to $5 million annually for commercial freight corridors and emergency response projects.

• Modifies petroleum storage tank fund provisions by allowing the director to transfer up to $500,000 annually to the petroleum cleanup and redevelopment fund and extends the repeal date of certain provisions from September 1, 2023 to September 1, 2033.

• Expands the Voluntary Firefighter Cancer Benefits Program to include hazardous materials troopers employed by the Colorado State Patrol, requiring 5 years continuous employment and cancer diagnosis within 10 years of employment cessation for eligibility.

• Appropriates $36,272 to the Department of Revenue for implementation costs and sunsets the Fuels Impact Enterprise on January 1, 2030.