Bill > SB320

This bill addresses two main areas of commercial motor vehicle transportation in Colorado: first, it reinstates and extends a sales and use tax exemption for certain heavy-duty, low-emitting motor vehicles, their power sources, and conversion parts through January 1, 2029, with the explicit legislative intent of providing tax relief and encouraging the purchase and use of environmentally friendly vehicles. Second, the bill adjusts the bridge and tunnel impact fee schedule for state fiscal years 2025-26 through 2027-28, modifying the per-gallon fees imposed on special fuel: seven cents per gallon for fiscal years 2025-26 and 2026-27, and eight cents per gallon for fiscal year 2027-28. Additionally, the bill includes a fiscal appropriation of $3,959 to the Department of Revenue for the 2025-26 state fiscal year, specifically allocated for administrative services, information technology, vehicle services, and maintenance of the Colorado DRIVES (Department of Revenue Integrated Vehicle Enterprise System) platform. The bill includes a safety clause indicating its immediate necessity for public peace, health, safety, and state department support.