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CO HB1233
Bill
Status
3/10/2025
Primary Sponsor
Michael Carter
Click for details
AI Summary
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Establishes consumer protections for veterans using paid services to assist with VA benefits claims, making violations a deceptive trade practice under the Colorado Consumer Protection Act
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Caps compensation for claims assistance at $12,500 maximum, with fees limited to five times the monthly benefit increase secured for the veteran
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Prohibits guaranteeing successful outcomes, direct marketing to individual veterans, referral fees, and charging veterans within one year of active duty release without a signed waiver
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Requires written agreements with specific disclosures about non-affiliation with VA, availability of free services, and accreditation status; mandates interest-free payment plan options
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Directs civil penalties collected for violations to the Colorado State Veterans Trust Fund; takes effect January 1, 2026
Legislative Description
Veterans Benefits Claims Consumer Protections
Military & Veterans
Last Action
House Committee on State, Civic, Military, & Veterans Affairs Postpone Indefinitely
3/10/2025