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CO HB1286

Bill

Status

Passed

7/10/2020

Primary Sponsor

Alec Garnett

Click for details

Origin

House of Representatives

2020 Regular Session

AI Summary

  • Removes fantasy contest operator regulation from the September 1, 2020 sunset repeal date, continuing regulation under a new structure within the Division of Gaming rather than the Division of Professions and Occupations.

  • Relocates fantasy contest regulations from Title 12, Article 125 to Title 44, Article 30, Part 16, establishing the Director of the Division of Gaming as the primary regulator.

  • Maintains existing consumer protections including age verification, employee prohibitions, confidentiality safeguards, player fund segregation, audit requirements, and limits on script usage and entry submissions.

  • Distinguishes between small fantasy contest operators (maximum 7,500 Colorado players) requiring registration versus larger operators requiring licensing, with investigators only reviewing small operators upon complaint.

  • Directs all fantasy contest licensing fees, fines, and penalties to the Sports Betting Fund to support self-sustaining regulation and reduces Division of Professions and Occupations appropriation by $11,252 with 0.2 FTE reduction.

Legislative Description

Sunset Regulation Of Fantasy Sports

Business & Economic Development

Last Action

Governor Signed

7/10/2020

Committee Referrals

Committee of the Whole6/9/2020
State, Veterans, & Military Affairs6/6/2020
Committee of the Whole6/3/2020
Business Affairs and Labor2/4/2020

Full Bill Text

No bill text available