Fuels Impact Enterprise (FIE)

About the Fuels Impact Enterprise

The Fuels Impact Enterprise (FIE) was established through SB23-280, signed into law on June 6, 2023. Officially created on August 8, 2023, and set to expire on January 1, 2030, the Enterprise is dedicated to improving fuel transportation and monitoring vehicle emissions across Colorado.

Key Functions & Authority:

  • Administer the Fuels Impact Reduction Fee, set at $0.006125 per gallon of fuel delivered for sale or use in Colorado
  • Oversee the Fuels Impact Reduction Grant Program, allocating $15 million in funding for hazardous mitigation corridors, emergency responses, and environmental transportation projects
  • Issue grants, impose fees, and provide services as authorized under C.R.S. 43-4-1506
  • Issue bonds payable from the collected fees and other enterprise revenues

Enterprise Budget & Grant Allocations

For Fiscal Year 2026, the Fuels Impact Enterprise (FIE) anticipates collecting $15 million through Fuels Impact Reduction Fees. In accordance with CRS 43-4-1506, the FIE will distribute $10 million of these funds directly to local governments to support fuel-related infrastructure and mitigation efforts as defined by C.R.S. 43-4-1506.

  • Adams County: $6.4 million (64%)
  • City of Aurora: $2 million (20%)
  • El Paso County: $1.3 million (13%)
  • Mesa County: $240,000 (2.4%)
  • Otero County: $60,000 (0.6%)

Additionally, the FIE Board of Directors may allocate up to $5 million annually to state government projects that address critical freight corridors. These projects may include improvements related to emergency response, environmental mitigation, the transportation of fuel within Colorado, and routes essential for transporting hazardous materials.

The FIE’s operating budget for FY26 is $104,500, covering administrative and program oversight costs to ensure transparent and effective fund management.

Board of Directors

The Colorado Transportation Commission serves as the governing body for the Fuels Impact Enterprise Board of Directors. The Chair and Vice Chair are elected annually from among the Board members. The Secretary is appointed by the Board and is not a Board member. Board officers include:

  • Chair Terry Hart - District 10
  • Vice-Chair Eula Adams - District 3
  • Yessica Holguin - District 1
  • Shelley Cook - District 2
  • Karen Stuart - District 4
  • Cecil Gutierrez - District 5
  • Rick Ridder - District 6
  • Barbara Bowman - District 7
  • Mark Garcia - District 8
  • Hannah Parsons - District 9
  • Todd Masters - District 11
  • Secretary Darius Pakbaz

The Board is responsible for overseeing the enterprise's financial decisions, grant allocations, and strategic operations, ensuring compliance with state regulations and effective fund distribution.

Learn More

For additional details on the Fuels Impact Enterprise, including governance policies and financial procedures, please review our official bylaws.