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SB 25-176 CO
Became Law

Sunset Commodity Handler & Farm Products Act

CO · session 2025A · Senate · bill

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Introduced Feb 20, 2025

Latest action (May 20, 2025) Introduced In Senate - Assigned to Agriculture & Natural Resources

Summary

The act continues the department of agriculture's (department) oversight of the "Commodity Handler and Farm Products Act" for 7 years, until 2032. The act also increases the limit for qualifying as a "small-volume dealer" from $20,000 of farm products or commodities purchased per year to $45,000. The act permits the commissioner of agriculture (commissioner) to periodically adjust the small volume dealer limit. The act explicitly excludes marijuana from the definition of "commodity" under the "Commodity Handler and Farm Products Act". Under current law, civil penalties collected by the department are deposited into the inspection and consumer services cash fund (fund). The act requires those civil penalties to be transferred to the general fund rather than the department's fund. Under current law, a dealer or commodity handler must file a bond or irrevocable letter of credit (bond or credit) with the commissioner. The bond or credit is intended to cover any claims of injury submitted by a producer or owner against the dealer or commodity handler. The act prohibits a producer or owner from submitting a claim and collecting reimbursement from the bond or credit if the producer or owner is also the owner of at least 5% of the voting shares of the dealer or commodity handler or the dealer's or commodity handler's parent company. (Note: This summary applies to this bill as enacted.)

Sponsors (4)

17 coauthors / cosponsors

Action history (15)

  1. May 20, 2025 Governor Signed · executive
  2. May 12, 2025 Signed by the Speaker of the House · lower
  3. May 12, 2025 Sent to the Governor · executive
  4. May 12, 2025 Signed by the President of the Senate · upper
  5. Apr 30, 2025 House Third Reading Passed - No Amendments · lower
  6. Apr 29, 2025 House Second Reading Special Order - Passed - No Amendments · lower
  7. Apr 17, 2025 House Second Reading Laid Over Daily - No Amendments · lower
  8. Apr 15, 2025 House Committee on Appropriations Refer Unamended to House Committee of the Whole · lower
  9. Apr 3, 2025 House Committee on Agriculture, Water & Natural Resources Refer Unamended to Appropriations · lower
  10. Mar 31, 2025 Introduced In House - Assigned to Agriculture, Water & Natural Resources · lower
  11. Mar 31, 2025 Senate Third Reading Passed - No Amendments · upper
  12. Mar 28, 2025 Senate Second Reading Passed with Amendments - Committee · upper
  13. Mar 26, 2025 Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole · upper
  14. Feb 27, 2025 Senate Committee on Agriculture & Natural Resources Refer Amended to Appropriations · upper
  15. Feb 20, 2025 Introduced In Senate - Assigned to Agriculture & Natural Resources · upper

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