HB 24-1324 Summary

• Expands the Attorney General's enforcement authority over restrictive employment agreements, including the ability to recover three times the amount of any recovery or attempted recovery by an employer in violation of training cost provisions.

• Permits employers to recover reasonable costs of employee training that is distinct from normal on-the-job training, with costs decreasing proportionally over two years after training completion, subject to Attorney General rules regarding transferability of training or credentials.

• Allows public employers to recover training costs over a period longer than two years, providing flexibility for government entities compared to private employers.

• Establishes penalties of $5,000 per affected worker or prospective worker for violations, enforceable by the Attorney General or private parties, with additional damages and attorney fees available in civil actions.

• Expands definitions across multiple Colorado statutes to classify employer-provided education and training expenses as recoverable debts and consumer credit sales, subject to private education creditor registration requirements.