VA alt-fuel bulk user bonds.
From $100. Enter your amount.
A bulk user of alternative fuel who stores highway and nonhighway fuel together — or who defers remitting the tax — must file a bond with the DMV under § 58.1-2246. The amount is three times your average expected monthly tax liability, filed on form FT462, and pricing is 0.75% of the bond amount, $100 minimum.
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Apply to filed in one sitting.
No underwriting queue for the standard alternative-fuel bond — enter your amount, pay, and file with the DMV. Here is the whole thing:
Apply online
Your business details, the bond amount the DMV set, and the effective date — that is the entire application.
Issued on the spot
The application collects no credit information at the standard amount, and pricing is 0.75% of the bond amount, $100 minimum — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.
File with Virginia DMV
Submit the executed bond on form FT462 to satisfy the DMV. Wet-ink originals mailed whenever the Department insists on them.
What it is and who needs it.
What the alternative-fuel bond actually covers
Virginia taxes alternative fuel (such as compressed or liquefied natural gas, propane, and electricity used to power highway vehicles) under the Virginia Fuels Tax Act, administered by the DMV. A bulk user of alternative fuel who stores highway and nonhighway fuel in the same tank — or who defers remitting tax to the provider — must post security.
Under § 58.1-2246 (the alternative-fuel mirror of the motor-fuel bond rule), the amount is three times the applicant's average expected monthly tax liability, as determined by the Commissioner — no less than $2,000 and no more than $300,000. The bond stands behind the alternative-fuel tax you owe.
The bonding company files the Fuels Tax Bond (form FT462) with the DMV; only that form is accepted (a certificate of deposit with an Assignment of Securities, form FT459, is the alternative). Pricing is 0.75% of your bond amount, $100 minimum — your exact price appears at the application.
You need this bond if you are
One application, issued on the spot.
Submit the application with the bond amount the DMV set — the executed bond is generated instantly, ready to file on form FT462.
Start the application →Common questions.
Other Virginia bonds.
Alternative-fuel bond, issued today.
Pricing from $100. Enter the amount the DMV required and file the same day.