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CO SB026

Bill

Status

Failed

1/26/2023

Primary Sponsor

Rod Pelton

Click for details

Origin

Senate

2023 Regular Session

AI Summary

  • Prohibits financial institutions doing business in Colorado from discriminating against any person based on environmental criteria, either directly or through contractors.

  • Defines "environmental criteria" as scores, rankings, or metrics assigned to a person based on their environmental impact or policies concerning energy use, air pollutant emissions, and waste management.

  • Classifies violations of the discrimination prohibition as unfair or deceptive trade practices under Colorado law.

  • Allows financial institutions to discontinue or refuse business with customers when necessary for the physical safety of employees.

  • Takes effect 90 days after final adjournment of the general assembly, or if subject to a referendum petition, following approval by voters in the November 2024 general election.

Legislative Description

Financial Institution Discrimination Environmental Criteria

Last Action

Senate Committee on Business, Labor, & Technology Postpone Indefinitely

1/26/2023

Committee Referrals

Business, Labor, & Technology1/10/2023

Full Bill Text

No bill text available