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CO SB176

Bill

Status

Passed

5/20/2025

Primary Sponsor

Rod Pelton

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Extends the Commodity Handler and Farm Products Act from September 1, 2025 to September 1, 2032, implementing recommendations from the 2024 DORA sunset report

  • Increases the small-volume dealer threshold from $20,000 to $45,000 in annual farm product purchases, with authority for the Commissioner to adjust this limit by rule

  • Clarifies that "commodity" does not include marijuana, while maintaining coverage for industrial hemp and other unprocessed seeds and grains

  • Redirects civil penalty collections from the Inspection and Consumer Services Cash Fund to the General Fund

  • Prohibits claimants owning 5% or more of a licensee's voting shares (excluding patronage interests, publicly traded shares, and membership/partnership interests) from receiving bond or letter of credit reimbursements when that licensee fails

Legislative Description

Sunset Commodity Handler & Farm Products Act

Agriculture

Last Action

Governor Signed

5/20/2025

Committee Referrals

Agriculture, Water & Natural Resources3/31/2025
Appropriations2/27/2025
Agriculture and Natural Resources2/20/2025

Full Bill Text

No bill text available