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Bill Detail: HB24-1057

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Title Prohibit Algorithmic Devices Used for Rent Setting
Status Senate Considered House Adherence - Result was to Adhere (05/01/2024)
Bill Subjects
  • Housing
House Sponsors S. Woodrow (D)
J. Mabrey (D)
Senate Sponsors J. Gonzales (D)
N. Hinrichsen (D)
House Committee Transportation, Housing and Local Government
Senate Committee Local Government and Housing
Date Introduced 01/10/2024
Summary

The bill states that a landlord may not employ or rely upon an
algorithmic device in setting the amount of rent to be charged to a tenant
for the occupancy of a residential premises. A violation of the prohibition
is an unfair or deceptive trade practice under the Colorado Consumer
Protection Act and may be punished accordingly.

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