HB 25-1004 CO Vetoed
No Pricing Coordination Between Landlords
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Summary
The act prohibits the sale or distribution for consideration of an algorithmic device if: The algorithmic device is sold or distributed with the intent that it will be used by 2 or more landlords in the same market or a related market to set or recommend the amount of rent, level of occupancy, or other commercial term associated with the occupancy of a residential premises; and The device sets or recommends the amount of rent, level of occupancy, or other commercial term associated with the occupancy of a residential premises based on data or a formula that is similar for each landlord. The act also prohibits the use of an algorithmic device by a person to set or recommend the amount of rent, level of occupancy, or other commercial term associated with the occupancy of a residential premises if: The person knew or should have known that another person used the algorithmic device to set or recommend the amount of rent, level of occupancy, or other commercial term associated with the occupancy of a residential premises; and The circumstances suggest that the person adhered to or participated in a scheme to fix the amount of rent, level of occupancy, or other commercial term associated with the occupancy of a residential premises. The act also prohibits a person engaged in the business of providing algorithmic device services or products that are used to set or recommend the amount of rent, level of occupancy, or other commercial term associated with the occupancy of a residential premises from using nonpublic competitor data pertaining to residential properties in Colorado in setting or recommending the amount of rent, level of occupancy, or other commercial term associated with the occupancy of a residential premises for residential properties in Colorado. A violation is deemed to be an illegal restraint of trade or commerce and is punishable in accordance with the "Colorado State Antitrust Act of 2023". VETOED by Governor 5/29/2025(Note: This summary applies to this bill as enacted.)
Sponsors (4)
- Steven Woodrow Democratic · primary
- Javier Mabrey Democratic · primary
- Julie Gonzales Democratic · primary
- Nick Hinrichsen Democratic · primary
33 coauthors / cosponsors
- J. Bacon Democratic · cosponsor
- A. Boesenecker Democratic · cosponsor
- K. Brown Democratic · cosponsor
- R. English Democratic · cosponsor
- L. Feret Democratic · cosponsor
- M. Froelich Democratic · cosponsor
- L. García Democratic · cosponsor
- J. Jackson Democratic · cosponsor
- J. Joseph Democratic · cosponsor
- S. Lieder Democratic · cosponsor
- M. Lindsay Democratic · cosponsor
- W. Lindstedt Democratic · cosponsor
- J. McCluskie Democratic · cosponsor
- A. Paschal Democratic · cosponsor
- N. Ricks Democratic · cosponsor
- M. Rutinel Democratic · cosponsor
- E. Sirota Democratic · cosponsor
- T. Story Democratic · cosponsor
- B. Titone Democratic · cosponsor
- E. Velasco Democratic · cosponsor
- J. Willford Democratic · cosponsor
- Y. Zokaie Democratic · cosponsor
- J. Coleman Democratic · cosponsor
- L. Cutter Democratic · cosponsor
- J. Danielson Democratic · cosponsor
- T. Exum Democratic · cosponsor
- I. Jodeh Democratic · cosponsor
- C. Kipp Democratic · cosponsor
- D. Michaelson Jenet · cosponsor
- T. Sullivan Democratic · cosponsor
- K. Wallace Democratic · cosponsor
- M. Weissman Democratic · cosponsor
- F. Winter · cosponsor
Action history (18)
- May 29, 2025 Governor Vetoed · executive
- May 13, 2025 Sent to the Governor · executive
- May 13, 2025 Signed by the President of the Senate · upper
- May 13, 2025 Signed by the Speaker of the House · lower
- May 1, 2025 House Considered Senate Amendments - Result was to Concur - Repass · lower
- Apr 29, 2025 House Considered Senate Amendments - Result was to Laid Over Daily · lower
- Apr 28, 2025 Senate Third Reading Passed - No Amendments · upper
- Apr 25, 2025 Senate Third Reading Laid Over to 04/28/2025 - No Amendments · upper
- Apr 24, 2025 Senate Third Reading Laid Over Daily - No Amendments · upper
- Apr 23, 2025 Senate Second Reading Passed with Amendments - Committee · upper
- Apr 21, 2025 Senate Second Reading Laid Over to 04/23/2025 - No Amendments · upper
- Apr 15, 2025 Senate Committee on Business, Labor, & Technology Refer Amended to Senate Committee of the Whole · upper
- Apr 1, 2025 Introduced In Senate - Assigned to Business, Labor, & Technology · upper
- Mar 26, 2025 House Third Reading Passed - No Amendments · lower
- Mar 25, 2025 House Second Reading Special Order - Passed with Amendments - Committee, Floor · lower
- Feb 25, 2025 House Second Reading Laid Over Daily - No Amendments · lower
- Feb 20, 2025 House Committee on Business Affairs & Labor Refer Amended to House Committee of the Whole · lower
- Jan 8, 2025 Introduced In House - Assigned to Business Affairs & Labor · lower
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