Change in Fuel Tax Rate / LPG and NG Inspection Fee affects COFTS reporting

Effective January 1, 2014, changes to special fuel tax rates and the liquefied petroleum and natural gas inspection fee program will be implemented. During the 2013 legislative session, the Colorado legislature passed HB13-1110 which changed the tax rates of LPG, LNG, and CNG. The legislation also added natural gas fuels to the liquefied petroleum inspection fee.

Starting January 2014, the rates for these three gaseous fuel types will change to $.03 per
gallon for LPG and LNG and $.03 per gallon equivalent for CNG. Because of these changes, COFTS web entry access, filing spreadsheets, XLS check and EDI check are in the process of being reprogrammed. In addition, the EDI guide will be updated to reflect the programming updates. Please do not input information regarding January 2014 transactions using the current web entry system or spreadsheets at this time. As soon as the new formats are uploaded, an e-mail will be sent to your COFTS designated e-mail recipient along with postings to the COFTS welcome page and the Department of Revenue’s blog advising
you of the new programming upgrades.  If you have any questions, or need additional information, please call the Fuel Tax Unit, 303- 205-8205.