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CO SB093

Bill

Status

Failed

6/4/2020

Primary Sponsor

Mike Foote

Click for details

Origin

Senate

2020 Regular Session

AI Summary

  • Enacts the "Consumer and Employee Dispute Resolution Fairness Act" establishing ethical standards and disclosure requirements for arbitrators in consumer and employment disputes under pre-dispute arbitration agreements executed in Colorado or governed by Colorado law.

  • Prohibits waiver of evident partiality standards before claims are filed; requires any post-claim waivers to be in writing and signed by all parties; establishes 28-day maximum timeframe for challenging arbitrators based on evident partiality.

  • Requires individual arbitrators in consumer and employment disputes to disclose information including financial interests, prior relationships with parties, industry experience, prior arbitrations handled, and any payments exceeding $500 from parties or their representatives.

  • Mandates arbitration services providers collect and provide at no charge a cumulative five-year report in searchable spreadsheet format containing detailed case information, arbitrator fees, disposition outcomes, and provider ownership information.

  • Declares certain standard form contract terms void as against public policy: requiring disputes be adjudicated outside Colorado, allowing unilateral selection of arbitrators, or imposing fee-shifting prohibited by Colorado law; specifies prevailing party attorney fee awards when courts vacate awards for arbitrator evident partiality.

Legislative Description

Consumer And Employee Dispute Resolution Fairness

Courts & Judicial

Last Action

House Committee on Finance Postpone Indefinitely

6/4/2020

Committee Referrals

Finance5/27/2020
Committee of the Whole1/29/2020
Judiciary1/13/2020

Full Bill Text

No bill text available