SB 122: Fuel Standards & Liability of Petroleum Storage Tank Fund - Colorado

Final Act → Signed Act · 1 edit · May 6, 2026

MINOR

The bill text shows significant formatting inconsistencies and garbled text, likely due to an OCR or copy-paste error, rather than intentional policy changes. While the legislative intent appears to remain focused on updating fuel specifications and liability limits, the document contains numerous spelling errors, random symbols, and broken sentences that obscure the specific legal language. Consequently, no clear substantive policy changes regarding funding amounts, eligibility, or definitions can be reliably identified from this specific diff.

TECHNICAL

The document contains extensive formatting errors, garbled text, and spelling mistakes (e.g., 'shalt MUST', 'pa11', 'E er van Mourik') that suggest a technical failure in document generation rather than intentional legislative amendments.

Rerevised → Final Act · 4 edits · Apr 22, 2026

MODERATE

This bill amends two sections of Colorado law regarding liquid fuels and petroleum storage safety. It increases the maximum financial liability of the Petroleum Storage Tank Fund for individual incidents from $2 million to $3 million, while also creating a mechanism for the Director of Oil and Public Safety and a specific committee to grant permission for even higher liability limits on a case-by-case basis. Additionally, the bill allows the Director to adopt rules or issue policy guidance that provides exceptions to specific ASTM standards for fuel products, enabling flexibility to address consumer protection, pricing, and supply network issues that ASTM standards may not cover.

Scope change

The bill expands the scope of regulatory flexibility by allowing state officials to deviate from standard ASTM specifications for fuel products under specific conditions, and it broadens the financial coverage for storage tank incidents by raising the cap and adding a discretionary override process.

FISCAL

Increased the maximum aggregate liability of the Petroleum Storage Tank Fund per occurrence from $2 million to $3 million.

REQUIREMENT

Added a new provision allowing the Director of Oil and Public Safety and the Petroleum Storage Tank Committee to grant permission for liability amounts to exceed the $3 million cap for individual occurrences.

Authorized the Director of Oil and Public Safety to adopt rules or issue policy guidance providing exceptions to specific ASTM standard requirements to address consumer protection, pricing, and supply network factors.

DEFINITION

Clarified the definition of an 'occurrence' as the period from leak identification through remediation for the purpose of calculating liability limits.

Revised → Rerevised · 3 edits · Apr 16, 2026

MINOR

The bill was re-revised to include additional House sponsors and updated the reading status to reflect amendments adopted in the Second House. No substantive policy changes, funding adjustments, or scope modifications were made; the updates are administrative and procedural.

TECHNICAL

Added five new House sponsors (Caldwell, Duran, Gonzalez R., Keltie, Rydin, Slaugh, Smith, Suckla, Weinberg, Woog) to the list of bill supporters.

Updated the document header to change the status from 'Revised' to 'Rerevised' and clarified that it includes all amendments adopted in the Second House.

Added a stamp indicating '3rd Reading Unamended' dated April 16, 2026, for the House.

Reengrossed → Revised · 3 edits · Apr 14, 2026

MINOR

The bill was renumbered and reorganized to reflect its progression from the House to the Senate, including the addition of a new House committee assignment. The substantive policy text regarding liability limits and remediation costs remains unchanged, though the formatting of the summary section was adjusted to align with Senate reading standards.

Scope change

The bill's scope and applicability remain unchanged; the modifications are primarily administrative updates to committee assignments and document formatting.

SCOPE

Added a new House committee assignment (Agriculture, Water & Natural Resources) to the bill's committee list.

TECHNICAL

Updated the document title from 'REENGROSSED' to 'REVISED' and changed the subtitle to reflect amendments adopted on second reading in the second house.

Reformatted the bill summary section by removing page markers and adjusting line breaks to match Senate reading conventions.

Engrossed → Reengrossed · 4 edits · Mar 24, 2026

MODERATE

The bill was reengrossed to include additional sponsors and updated the title to reflect that the new liability limits are established via a rule or policy guidance rather than a specific statutory provision. A new date (March 24, 2026) and a '3rd Reading Unamended' status were added to the title page, likely to track legislative progress. The substantive text regarding liability exceptions for petroleum storage tanks remains unchanged.

Scope change

The bill's scope regarding the creation of a new maximum liability amount for petroleum storage tank incidents remains the same; however, the mechanism for establishing this amount is now explicitly defined as a rule or policy guidance.

TECHNICAL

The bill status changed from 'Engrossed' to 'Reengrossed' to reflect the inclusion of all amendments adopted in the House of Introduction.

A specific date (March 24, 2026) and a '3rd Reading Unamended' status were added to the title page, indicating the current legislative stage.

SCOPE

Five new co-sponsors (Amabile, Carson, Catlin, Coleman, Exum, Kirkmeyer, Liston, Mullica, Pelton B., Rich) were added to the Senate sponsorship list.

REQUIREMENT

The title was updated to clarify that the Director of the Division of Oil and Public Safety will establish the new liability maximum through a rule or policy guidance, rather than by direct statute.

Introduced → Engrossed · 3 edits · Mar 23, 2026

MINOR

The bill was reengrossed to include amendments that significantly reduce the maximum financial liability for underground storage tank leaks. The liability cap was lowered from $2,500,000 to $2,000,000 per occurrence. Additionally, the text was reorganized to clarify that owners can only exceed this cap if they receive specific permission from state officials.

Scope change

The scope of financial liability for responsible parties was narrowed, reducing the maximum amount they must pay for cleanup and third-party claims.

FISCAL

The maximum liability cap for underground storage tank leaks was reduced from $2,500,000 to $2,000,000 per occurrence.

REQUIREMENT

The text was restructured to clarify that exceeding the liability cap requires explicit permission from the Director of the Division of Oil and Public Safety and the Petroleum Storage Tank Committee.

TECHNICAL

Minor formatting and capitalization changes were made to standardize the text and remove redundant phrasing.

Fuel Standards & Liability of Petroleum Storage Tank Fund

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