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HB25-1004

No Pricing Coordination Between Landlords

Type Bill
Session 2025 Regular Session

Concerning pricing coordination by landlords.

Bill Summary:

The act prohibits the sale or distribution for consideration of an algorithmic device if:

  • The algorithmic device is sold or distributed with the intent that it will be used by 2 or more landlords in the same market or a related market to set or recommend the amount of rent, level of occupancy, or other commercial term associated with the occupancy of a residential premises; and
  • The device sets or recommends the amount of rent, level of occupancy, or other commercial term associated with the occupancy of a residential premises based on data or a formula that is similar for each landlord.

The act also prohibits the use of an algorithmic device by a person to set or recommend the amount of rent, level of occupancy, or other commercial term associated with the occupancy of a residential premises if:

  • The person knew or should have known that another person used the algorithmic device to set or recommend the amount of rent, level of occupancy, or other commercial term associated with the occupancy of a residential premises; and
  • The circumstances suggest that the person adhered to or participated in a scheme to fix the amount of rent, level of occupancy, or other commercial term associated with the occupancy of a residential premises.

The act also prohibits a person engaged in the business of providing algorithmic device services or products that are used to set or recommend the amount of rent, level of occupancy, or other commercial term associated with the occupancy of a residential premises from using nonpublic competitor data pertaining to residential properties in Colorado in setting or recommending the amount of rent, level of occupancy, or other commercial term associated with the occupancy of a residential premises for residential properties in Colorado.

A violation is deemed to be an illegal restraint of trade or commerce and is punishable in accordance with the "Colorado State Antitrust Act of 2023".

VETOED by Governor 5/29/2025
(Note: This summary applies to this bill as enacted.)

Status

Did Not Become Law

Introduced

Passed

Did Not Become Law

Related Documents & Information

Date Version Documents
05/29/2025 Signed Act PDF
05/13/2025 Final Act PDF
04/28/2025 Rerevised PDF
04/23/2025 Revised PDF
03/26/2025 Reengrossed PDF
03/25/2025 Engrossed PDF
01/08/2025 Introduced PDF
Date Version Documents
04/16/2025 PA2 PDF
02/21/2025 PA1 PDF
Date Version Documents
07/23/2025 FN4 PDF
04/02/2025 FN3 PDF
02/27/2025 FN2 PDF
02/21/2025 MEMO1 PDF
01/20/2025 FN1 PDF
Activity Vote Documents
Adopt amendment L.011 The motion passed without objection. Vote summary
Adopt amendment L.014 The motion passed without objection. Vote summary
Refer House Bill 25-1004, as amended, to the Committee of the Whole. The motion passed on a vote of 3-2. Vote summary
Activity Vote Documents
Adopt amendment L.001 The motion passed without objection. Vote summary
Refer House Bill 25-1004, as amended, to the Committee of the Whole. The motion passed on a vote of 7-5. Vote summary
Date Calendar Motion Vote Vote Document
05/01/2025 Senate Amendments REPASS
42
AYE
21
NO
2
OTHER
Vote record
05/01/2025 Senate Amendments CONCUR
42
AYE
21
NO
2
OTHER
Vote record
03/26/2025 Third Reading BILL
43
AYE
22
NO
0
OTHER
Vote record
Date Calendar Motion Vote Vote Document
04/28/2025 Third Reading BILL
22
AYE
12
NO
1
OTHER
Vote record
Date Amendment Number Committee/ Floor Hearing Status Documents
04/23/2025 L.023 Second Reading Lost [**] PDF
04/23/2025 L.021 Second Reading Lost [**] PDF
04/23/2025 L.022 Second Reading Lost [**] PDF
04/23/2025 L.016 Second Reading Lost [**] PDF
04/15/2025 L.014 SEN Business, Labor, & Technology Passed [*] PDF
04/15/2025 L.011 SEN Business, Labor, & Technology Passed [*] PDF
03/25/2025 L.009 Second Reading Passed [**] PDF
03/25/2025 L.008 Second Reading Passed [**] PDF
03/25/2025 L.007 Second Reading Passed [**] PDF
03/25/2025 L.006 Second Reading Passed [**] PDF
03/25/2025 L.005 Second Reading Passed [**] PDF
02/20/2025 L.001 HOU Business Affairs & Labor Passed [*] PDF
Date Location Action
05/29/2025 Governor Governor Vetoed
05/13/2025 Governor Sent to the Governor
05/13/2025 Senate Signed by the President of the Senate
05/13/2025 House Signed by the Speaker of the House
05/01/2025 Senate House Considered Senate Amendments - Result was to Concur - Repass
04/29/2025 Senate House Considered Senate Amendments - Result was to Laid Over Daily
04/28/2025 Senate Senate Third Reading Passed - No Amendments
04/25/2025 Senate Senate Third Reading Laid Over to 04/28/2025 - No Amendments
04/24/2025 Senate Senate Third Reading Laid Over Daily - No Amendments
04/23/2025 Senate Senate Second Reading Passed with Amendments - Committee
04/21/2025 Senate Senate Second Reading Laid Over to 04/23/2025 - No Amendments
04/15/2025 Senate Senate Committee on Business, Labor, & Technology Refer Amended to Senate Committee of the Whole
04/01/2025 Senate Introduced In Senate - Assigned to Business, Labor, & Technology
03/26/2025 House House Third Reading Passed - No Amendments
03/25/2025 House House Second Reading Special Order - Passed with Amendments - Committee, Floor
02/25/2025 House House Second Reading Laid Over Daily - No Amendments
02/20/2025 House House Committee on Business Affairs & Labor Refer Amended to House Committee of the Whole
01/08/2025 House Introduced In House - Assigned to Business Affairs & Labor