NOTE: The governor signed this measure on 4/6/2012.
      
      
      HOUSE BILL 12-1178
      
      
      BY REPRESENTATIVE(S) Vigil, Hullinghorst, Labuda;
      also SENATOR(S) Schwartz.
      
      
      Concerning the deadline for filing notice for reimbursement of
           tax payments for lost gasoline or special fuel.
      
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, 39-27-103, amend (1)
      as follows:
      
           39-27-103.  Refunds - penalties - checkoff. (1)  A credit or refund
      shall be allowed for the tax paid or accrued on gasoline or special fuel that
      is lost or destroyed by fire, lightning, flood, windstorm, explosion, accident,
      or other cause beyond the control of the distributor or transporter of such
      gasoline or special fuel. This credit or refund shall be allowed only on
      gasoline or special fuel in quantities of one hundred gallons or more lost or
      destroyed at any one time. Any loss of gasoline or special fuel while in
      transit or while being loaded or unloaded shall be subject to credit or refund
      under this section. After any such loss or destruction, the distributor or
      transporter shall notify the executive director of the department of revenue
      within seven thirty days of such loss or destruction and, within thirty days
      after such loss or destruction the same deadline, shall file with the
      executive director proof sufficient to establish the loss or destruction as the
      executive director may require.
      
           SECTION 2.  Act subject to petition - effective date -
      applicability. (1)  This act takes effect September 1, 2012; except that, if
      a referendum petition is filed pursuant to section 1 (3) of article V of the
      state constitution against this act or an item, section, or part of this act
      within the ninety-day period after final adjournment of the general
      assembly, then the act, item, section, or part will not take effect unless
      approved by the people at the general election to be held in November 2012
      and, in such case, will take effect on the date of the official declaration of
      the vote thereon by the governor.
      
           (2)  The provisions of this act apply to gasoline or special fuel that
      is lost or destroyed on or after the applicable effective date of this act.
      
      
      
      
      ________________________________________________________
      Frank McNulty                      Brandon C. Shaffer
      SPEAKER OF THE HOUSE                     PRESIDENT OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
      
      
      ____________________________  ____________________________
      Marilyn Eddins                      Cindi L. Markwell
      CHIEF CLERK OF THE HOUSE                 SECRETARY OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
                  APPROVED________________________________________
      
      
      
      
      
                                    _________________________________________
                                    John W. Hickenlooper
                                    GOVERNOR OF THE STATE OF COLORADO