This surety bond is required by the Kentucky Revenue Cabinet, Motor Fuels Tax Section, under KRS Chapter 138 and Chapter 234. The bond ensures that the bond holder will comply with the terms of the law and pay all required taxes, penalties, and interest to the Commonwealth of Kentucky. The required bond amount is determined by the type of license and varies as follows:
Gasoline dealer: minimum $5,000 or an estimated 3 months’ gasoline excise tax liability (KRS Chapter 138).
Special Fuels Dealer: minimum $5,000 or an estimated 3 months’ special fuels tax liability (KRS Chapter 138).
Liquefied Petroleum Gas Dealer: minimum $500 or an estimated 4 months’ liquefied petroleum gas tax liability, not to exceed $50,000 (KRS 234).
Motor Fuels Transporter: $5,000 (KRS 138).
To Obtain a Kentucky Motor Fuels License Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.