Colorado § 43-4-1505 - Fuels impact reduction fee.
Full text of Colorado Colorado Revised Statutes § 43-4-1505 — Fuels impact reduction fee., with citation guidance and answers to common questions.
§ 43-4-1505. Fuels impact reduction fee.
(1) In furtherance of its business purpose, beginning September 1, 2023, the enterprise shall impose a fuels impact reduction fee per gallon to be paid by a licensed fuel excise tax distributor within Colorado and a licensed fuel distributor who ships products from outside of Colorado to a point within Colorado. For the purpose of minimizing compliance costs for distributors and administrative costs for the state, the department of revenue shall collect the fuels impact reduction fee on behalf of the enterprise, and a fuel distributor shall pay the fee to the department of revenue as required by section 8-20-206.5 (8)(a).
(2) For a licensed fuel excise tax distributor within Colorado and a licensed fuel distributor who ships products from outside of Colorado to a point within Colorado, beginning September 1, 2023, the enterprise shall impose the fuels impact reduction fee in a reasonable amount that is no more than six thousand one hundred twenty-five millionths of a dollar per gallon of fuel products delivered for sale or use in Colorado.
(3) As required by section 8-20-206.5 (8)(c), the executive director of the department of revenue shall transmit any fuels impact reduction fee revenue it collects to the state treasurer who shall credit the revenue, minus the costs to the department of revenue for collecting the fee, to the fund.
Source: L. 2023: Entire part added, (SB 23-280), ch. 404, p. 2424, § 9, effective August 7.
Editor's note: Subsections (1), (2), and (3) were numbered as (1)(a), (1)(b), and (1)(c), respectively, in SB 23-280 but have been renumbered on revision for ease of location.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 43-4-1505
What does Colorado Revised Statutes § 43-4-1505 cover?
Section 43-4-1505 ("Fuels impact reduction fee.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 43-4-1505?
A common citation format is "Colorado Revised Statutes § 43-4-1505" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 43-4-1505 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.