Fuel Standards & Liability of Petroleum Storage Tank Fund
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 law, all class I, II, and III liquid fuel products must comply with the most current applicable standards of ASTM International. The act allows the director to adopt a rule or issue policy guidance that provides exceptions to specific requirements established in an ASTM standard.(Note: This summary applies to this bill as enacted.)
Colorado SB 122 (2026A) — Fuel Standards & Liability of Petroleum Storage Tank Fund
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 law, all class I, II, and III liquid fuel products must comply with the most current applicable standards of ASTM International. The act allows the director to adopt a rule or issue policy guidance that provides exceptions to specific requirements established in an ASTM standard.(Note: This summary applies to this bill as enacted.)
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Refer Senate Bill 26-122 to the Committee of the Whole. — pass (pass) · upper
Refer Senate Bill 26-122 to the Committee of the Whole. — pass (pass) · upper
Sponsors
D. Roberts — primary (person)
M. Lukens — primary (person)
R. Pelton — primary (person)
T. Winter — primary (person)
B. Kirkmeyer — cosponsor (person)
B. Pelton — cosponsor (person)
D. Woog — cosponsor (person)
G. Rydin — cosponsor (person)
J. Amabile — cosponsor (person)
J. Caldwell — cosponsor (person)
J. Carson — cosponsor (person)
J. Coleman — cosponsor (person)
J. Rich — cosponsor (person)
K. Mullica — cosponsor (person)
L. Liston — cosponsor (person)
L. Smith — cosponsor (person)
L. Suckla — cosponsor (person)
M. Catlin — cosponsor (person)
M. Duran — cosponsor (person)
R. Gonzalez — cosponsor (person)
R. Keltie — cosponsor (person)
R. Weinberg — cosponsor (person)
S. Slaugh — cosponsor (person)
T. Exum — cosponsor (person)
Timeline
The legislative action history — every referral, reading, and vote.
2026-05-05 Governor Signed executive-signature
2026-04-27 Sent to the Governor executive-receipt
2026-04-27 Signed by the Speaker of the House passage
2026-04-27 Signed by the President of the Senate passage
2026-04-16 House Third Reading Passed - No Amendments passage, reading-3
2026-04-15 House Third Reading Laid Over Daily - No Amendments
2026-04-14 House Second Reading Special Order - Passed - No Amendments
2026-04-09 House Second Reading Laid Over Daily - No Amendments
2026-04-06 House Committee on Agriculture, Water & Natural Resources Refer Unamended to House Committee of the Whole committee-passage, referral-committee
2026-03-25 Introduced In House - Assigned to Agriculture, Water & Natural Resources introduction
2026-03-24 Senate Third Reading Passed - No Amendments passage, reading-3
2026-03-23 Senate Second Reading Passed with Amendments - Floor reading-2
2026-03-17 Senate Committee on Business, Labor, & Technology Refer Unamended to Senate Committee of the Whole committee-passage, referral-committee
2026-02-24 Introduced In Senate - Assigned to Business, Labor, & Technology introduction
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/2330c6cc-6cb4-486c-a95f-31d43c94ccf4. Confidence: reported (aggregated from official Colorado legislature records).
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