On May 12, 2025, COL LEG reported governor approved bill, effective Aug. 6, 2025.
(Please note this content is now deemed out of scope and will not be further updated unless there is a change in process or other noteworthy event in relation to the topic).
On Apr. 30, COL LEG issued bill prohibiting disaster price gouging.
COL LEG issued bill HB 25-1010 on prohibiting price gouging in sales of necessities.
Person deemed to engage in unfair and unconscionable act or practice in violation of consumer protection laws if person engages in price gouging during declared disaster.
Applies to sale of certain goods and services if, after governor declares emergency, the price of good, service is increased by 10% or more above price before disaster began.
Includes building materials, consumer food items, emergency supplies, fuel, medical supplies, other necessities, repair services, transportation, emergency cleanup services
A price of a good, service shall not be considered unreasonably excessive if the seller can prove that the price charged by seller is directly attributable to seasonal pricing.
Legislative History
On Jan. 8, 2025, bill was introduced in House; on Mar. 10, 2025, bill passed House.
On Mar. 13, 2025, bill was introduced in Senate; on Apr. 4, 2025, bill passed Senate.
On Apr. 11, 2025, House concurred; on Apr. 30, 2025, bill was delivered to governor.
Effectiveness
If enacted, takes effect at 12:01 a.m. on the day after expiration of the 90-day period after final adjournment of the general assembly, expected to adjourn May 7, 2025.
May 2025 COL LEG Governor Approval
On May 12, 2025, COL LEG reported governor approved bill, effective Aug. 6, 2025.
(Please note this content is now deemed out of scope and will not be further updated unless there is a change in process or other noteworthy event in relation to the topic).
