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Fuel Standards & Liability of Petroleum Storage Tank Fund

It became law on May 5, 2026.

CO SB 122 · Senate Bill · 2026A

Stage
Became law
Started in
Senate
Sponsors
+20
Latest action
May 5, 2026

What it does

Under current law, the maximum amount of liability of the petroleum storage tank fund for an individual occurrence of a leak, spill, or release of a petroleum product from an underground storage tank (occurrence) is $2,000,000. The act allows an owner or operator of an underground or aboveground storage tank (owner or operator) to exceed this amount of liability with the permission of the director of the division of oil and public safety (director) and the petroleum storage tank committee (committee). If the director and the committee grant such permission, the director and committee shall establish a new maximum amount of liability per occurrence for the owner or operator. Under current…

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    May 5, 2026

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

It is law in Colorado. What happens now is up to the agency that carries it out, the courts, and the place itself.

Work with this bill

Fuel Standards & Liability of Petroleum Storage Tank Fund | 52