CO HB1196

Landlords must provide written notice to prospective tenants before conducting tenant screening, disclosing what information will be accessed and the specific criteria that would result in application denial

"Covered landlords" (those with 5+ dwelling units or receiving state housing assistance) must offer tenants the option for positive rent reporting to at least one consumer reporting agency before signing a lease

If a tenant accepts positive rent reporting, the landlord must report the tenant's name and rent payment date to a consumer reporting agency each time rent is paid

Covered landlords cannot charge tenants for positive rent reporting or pass costs on through rent increases; tenants may opt out at any time

Failure to comply with positive rent reporting requirements constitutes an unfair and deceptive trade practice under Colorado law