DENVER, CO – The House today passed a bill on a preliminary vote that would update Colorado’s consumer protection law and better protect Coloradans from unfair and deceptive business practices.
“Colorado’s consumer protection laws are not working as intended and many Coloradans cannot pursue legal action against fraudulent businesses,” said Rep. Mike Weissman, D-Aurora. “By updating our state’s outdated consumer protection law, Coloradans will be better protected from unfair and deceptive business practices with pathways for pursuing legal action. This bill modernizes consumer protection laws to prioritize and protect everyday Coloradans.”
HB23-1192, sponsored by Representative Weissman, would update Colorado’s consumer protection law to better protect Coloradans from predatory business practices and make it easier for consumers to seek legal action against businesses engaging in deceitful or harmful practices. This bill makes necessary updates to Colorado’s consumer protection law, which was originally enacted in 1992.
Under current law, in order to file a lawsuit against a business Coloradans must prove that the business is engaging in deceitful practices not only against them but has a pattern of fraudulent, consumer harm practices against others. This bill modifies the legal definition of “unfair or deceptive trade practice” to better protect Coloradans and removes barriers allow them to pursue legal action against the businesses. HB23-1192 also increases both civil and criminal penalties to ensure Coloradans are receiving adequate compensation from fraudulent businesses.
This bill also expands Colorado’s 2020 price gouging law. Championed by Rep. Weissman, HB20-1414 made it illegal for companies to charge high and unfair prices during a declared disaster. HB23-1192 expands this law to protect consumers 180 days after a disaster declaration ends.