CO SB074

Eliminates punitive damages awards in employment discrimination cases filed under Colorado state law.

Prohibits compensatory damages awards against employers with fewer than 15 employees.

Changes attorney fees provision from discretionary ("may award") to mandatory ("shall award") when court finds an action was frivolous, groundless, or vexatious.

Requires district courts to expedite compensatory damages actions and set matters for trial at the earliest practical time.

Takes effect August 6, 2014, and applies to causes of action accruing on or after January 1, 2015, subject to voter approval if a referendum petition is filed.