Surety bonds and motor fuel assessments; filing period for new or replacement surety bonds extended, payment period for assessments on illegally imported or transported motor fuels extended

Summary

The new law gives public sellers of compressed or liquefied natural gas, fleet producers, and other motor‑fuel licensees an extra month to submit new or replacement surety bonds after being notified, and also extends the time they have to pay tax assessments on illegal fuel imports or transports. The change is meant to give these companies more time to comply while preserving the state's ability to collect excise taxes.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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