CO SB105

Establishes definitions for "career development," "career progression," "job opportunity," and "vacancy" in Colorado labor law to clarify employment advancement distinctions.

Requires employers to announce all job opportunities to current employees on the same calendar day and prior to making a selection decision, with exceptions for out-of-state employers with fewer than 15 remote Colorado employees through July 1, 2029.

Mandates employers disclose hourly or salary compensation ranges, benefits descriptions, and application window closing dates in job postings, and notify relevant employees within 30 days when a candidate is selected.

Extends the statute of limitations for equal pay violation claims from three years to six years and authorizes the Department of Labor and Employment to investigate complaints and order compliance by July 1, 2024.

Appropriates $292,590 to the Department of Labor and Employment and $119,848 to the Department of Personnel for fiscal year 2023-24 to implement enforcement and administrative requirements, with the act taking effect January 1, 2024.