Senate Bill 25-070, introduced in the Colorado General Assembly, aims to combat the sale of stolen goods through online marketplaces by implementing specific requirements for these platforms.
Key provisions of the bill include:
Mandatory Reporting: Online marketplaces must notify law enforcement agencies if they know or should have known that a third-party seller is selling or attempting to sell stolen goods to consumers in Colorado.
Communication Mechanism: These platforms are required to establish a system that enables timely and confidential communication with law enforcement agencies.
Preventative Measures: Online marketplaces must develop internal policies, systems, and staff dedicated to monitoring product listings to detect and prevent organized retail crime.
This legislative effort builds upon previous initiatives, such as House Bill 22-1099, which took effect on January 1, 2023. That law requires online marketplaces to verify the identities of high-volume third-party sellers and provide clear reporting mechanisms for suspicious activities.
Summary
The bill requires an online marketplace to alert a law enforcement
agency if the online marketplace knows or should have known that a third-party seller is selling or attempting to sell stolen goods to a consumer in Colorado.
An online marketplace is required to establish: •
A mechanism that allows the online marketplace to timely and confidentially communicate with a law enforcement agency; and
•
Internal policies, systems, and staff to monitor product listings to detect and prevent organized retail crime.
