CO SB063

Amends the definition of "referral agency" to mean an individual or entity that receives a fee from a residence for providing referrals, excluding the residence itself, its employees, family members, and residents.

Allows electronic documentation of agreements between referral agencies and prospective residents in addition to written documentation.

Requires agreements to include the prospective resident's right not to be contacted by the referral agency in the future and the right to receive the referral agency's privacy policy upon request.

Prohibits referral agencies from referring a prospective resident to more than a reasonable number of assisted living residences with the intent to deny another referral agency a referral fee.

Takes effect 90 days after final adjournment of the general assembly, unless subject to a referendum petition, in which case approval by voters in November 2024 is required.