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CO HB1414

Bill

Status

Passed

7/14/2020

Primary Sponsor

Michael Weissman

Click for details

Origin

House of Representatives

2020 Regular Session

AI Summary

  • Prohibits price gouging on essential goods and services during declared disasters, classifying such conduct as an unfair and unconscionable trade practice under Colorado law.

  • Applies to sales of building materials, food, emergency supplies, fuel, and medical supplies, as well as repair, reconstruction, transportation, freight, and storage services within the designated disaster area.

  • Defines the "disaster period" as 180 days following the start of a disaster declaration by the President or Colorado Governor.

  • Allows sellers to charge higher prices if they can prove the increase is directly attributable to additional costs imposed by suppliers or other direct costs of providing the good or service.

  • Enforcement is limited to the Attorney General or district attorney with jurisdiction, and the law applies to actions brought on or after the effective date of the act.

Legislative Description

Price Gouge Amid Disaster Deceptive Trade Practice

Last Action

Governor Signed

7/14/2020

Committee Referrals

Committee of the Whole6/10/2020
Finance6/9/2020
Committee of the Whole6/5/2020
State, Veterans, and Military Affairs6/4/2020

Full Bill Text

No bill text available