CO HB1248

Creates the Freight Cash Fund within the Office of Freight Mobility and Safety, funded by state-level permit fees and supplemental surcharges for oversize, overweight, and longer vehicle combinations beginning July 1, 2026

Authorizes a supplemental surcharge equal to the existing single trip permit fee for oversize and overweight vehicles, with proceeds directed to the new Freight Cash Fund

Requires the Office of Freight Mobility and Safety to implement a centralized online permitting system by July 1, 2029, allowing applicants to obtain all necessary state and local permits for a route in a single transaction

Mandates a feasibility study on the centralized permitting system by September 1, 2027, with a report to the Transportation Legislation Review Committee during the 2027 interim

Directs fund expenditures toward freight-related projects, office administrative costs, and the permitting system, with funding distributed proportionally based on freight routes and traffic impact in affected communities