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CO HB1010
Bill
Status
5/9/2025
Primary Sponsor
Kyle Brown
Click for details
AI Summary
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Expands the definition of "disaster" to include market disruptions, trade disruptions, or atypical disruptions affecting production, distribution, or consumption of products or services
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Establishes a 10% price increase threshold for price gouging when the Governor declares a disaster emergency that specifically cites the new provision
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Price gouging is measured against the seller's pre-disaster price, or if the seller is new to the market, against a similarly situated seller's pre-disaster price
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Provides a defense for sellers who can prove price increases are directly attributable to seasonal pricing
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Takes effect 90 days after legislative adjournment, subject to potential referendum in November 2026
Legislative Description
Prohibiting Price Gouging in Sales of Necessities
Financial Services & Commerce
Last Action
Governor Signed
5/9/2025