HB 25-1004: No Pricing Coordination Between Landlords

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

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

Sponsors by party (alphabetical): Democratic 34

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

1. May 29, 2025Governor Vetoed
2. May 13, 2025Signed by the Speaker of the House
3. May 13, 2025Signed by the President of the Senate
4. May 13, 2025Sent to the Governor
5. May 1, 2025House Considered Senate Amendments - Result was to Concur - Repass
6. April 29, 2025House Considered Senate Amendments - Result was to Laid Over Daily
7. April 28, 2025Senate Third Reading Passed - No Amendments
8. April 25, 2025Senate Third Reading Laid Over to 04/28/2025 - No Amendments
9. April 24, 2025Senate Third Reading Laid Over Daily - No Amendments
10. April 23, 2025Senate Second Reading Passed with Amendments - Committee
11. April 21, 2025Senate Second Reading Laid Over to 04/23/2025 - No Amendments
12. April 15, 2025Senate Committee on Business, Labor, & Technology Refer Amended to Senate Committee of the Whole

Showing 12 most recent of 18 actions. Full history