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CO HB1010

Bill

Status

Passed

5/9/2025

Primary Sponsor

Kyle Brown

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Expands the definition of "disaster" to include market disruptions, trade disruptions, or atypical disruptions affecting production, distribution, or consumption of products or services

  • Establishes a 10% price increase threshold for price gouging when the Governor declares a disaster emergency that specifically cites the new provision

  • 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

  • Provides a defense for sellers who can prove price increases are directly attributable to seasonal pricing

  • 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

Committee Referrals

Business, Labor, & Technology3/13/2025
Committee of the Whole2/6/2025
Business Affairs and Labor1/8/2025

Full Bill Text

No bill text available