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§ 39-27-304. Provisions of agreements

CO Rev Stat § 39-27-304 (2018) (N/A)
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(1) An agreement entered into under this part 3 may provide for:

(a) Defining the classes of motor vehicles upon which taxes are to be collected under the agreement;

(b) Establishing methods for base jurisdiction fuel tax licensing, license revocation, and tax collection from motor carriers on behalf of the jurisdictions that are parties to the agreement;

(c) Establishing procedures for the granting of credits or refunds on the purchase of excess tax-paid fuel;

(d) Defining conditions and criteria relative to bonding requirements, including criteria for exemption from bonding;

(e) Establishing tax reporting periods not to exceed one calendar quarter and tax report due dates not to exceed one calendar month after the close of the reporting period;

(f) Penalties and interest for filing of tax reports after the due dates prescribed by the agreement;

(g) Establishing procedures for the forwarding of fuel taxes, penalties, and interest collected on behalf of another jurisdiction to such jurisdiction;

(h) Record-keeping requirements for licensees; and

(i) Any additional provisions which facilitate the administration of the agreement.

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§ 39-27-303. Tax imposed
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§ 39-27-305. Credit for purchases