Governor Polis Signs Bills into Law Making Colorado An Even better Place to Do Business, Breaking Down Barriers and Reducing Regulation

DENVER - Today, Governor Polis signed SB26-189 - Automated Decision-Making Technology, sponsored by Majority Leader Robert Rodriguez and President James Coleman, and Majority Leader Monica Duran and Assistant Majority Leader Jennifer Bacon. This new law will create informed safeguards around AI, fostering innovation and protecting Colordans. This bipartisan bill is the result of extensive, thoughtful discussion and engagement to keep Colorado a top state for innovation and entrepreneurship.

"This is a big step in the right direction for Colorado, and a model for the rest of the country. Replacing the old law that hasn't taken effect yet will boost Colorado innovation and entrepreneurship. This law was created through thoughtful collaboration with input from many stakeholders including consumers, advocates, developers and more. Thank you to Majority Leader Rodriguez, Senate President Coleman, and many other legislators who have been a part of this effort to foster innovation in Colorado while protecting Colorado consumers," said Governor Polis.

"Even in the few years since I have been working on AI policy, we have seen it grow from a nascent industry to something that impacts every aspect of our lives," said Senate Majority Leader Robert Rodriguez, D-Denver. "As AI becomes more widespread, our laws must keep up to ensure transparency and protections against discrimination. If someone is denied housing or a job, loses their healthcare, or sees their insurance rates mysteriously skyrocket at the hands of automated technology, they deserve to know what criteria went into that decision and to have an opportunity to correct mistakes. This new law strikes an appropriate balance of protecting consumers while not being onerous on developers or the businesses who use AI technology."

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"Colorado is leading the way on creating necessary guardrails on AI to protect Coloradans from harm while fostering a vibrant business environment," said Senate President James Coleman, D-Denver. "The law signed today reflects years of work to find the right policy framework for Colorado that protects consumers, requires transparency so that we know how important decisions are being made, and is reasonable for businesses to comply with."

"Under this law, if Coloradans are denied housing, a job or health care at the hands of automated technology, they have an opportunity to correct any mistakes that may arise," said Assistant Majority Leader Jennifer Bacon, D-Denver. "The AI taskforce helped us establish a policy framework for Colorado that protects consumers, prioritizes transparency, and does not stifle innovation. I'm beyond proud of this legislation because, as technology advances, Colorado will soon have appropriate guardrails to prevent discrimination when AI is used to make consequential decisions. I'm proud of Colorado leading the nation in consumer protection as technology advances."

"With this law, Colorado is leading the way in our nation with AI guardrails that champion transparency, accountability and fairness," said Majority Leader Monica Duran, D-Wheat Ridge. "The AI taskforce was pivotal in our work because it allowed us to bring together a diverse group of stakeholders to come up with a solution that helps prevent discrimination. Our law protects Coloradans from harm at the hands of AI and fosters a stronger business environment for the future."

Governor Polis also signed SB26-137 -Measures to Reduce Administrative Burdens, sponsored by President James Coleman and Senator Cleave Simpson, and Speaker of the House Julie McCluskie and Representative Jarvis Caldwell. This new law adds good government accountability and transparency and requires that the Colorado Department of Regulatory Agencies review their rules every five years.

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"Colorado is the best state to live, work, play and do business. This bipartisan effort will help lower the cost of doing business in Colorado by cutting through burdensome regulations, and will attract more businesses to Colorado," said Governor Polis.

"Colorado families, small businesses, and local communities deserve a government that is efficient, transparent, and accountable. Senate Bill 26-137 takes a commonsense approach to reducing unnecessary administrative burdens by requiring regular reviews of state rules and regulations to ensure they are effective, relevant, and not duplicative. This bipartisan effort is about improving how government works for the people of Colorado while creating a more predictable and responsive regulatory environment," said Senator Cleave Simpson.

"Rules and regulations are important – they keep our air and water clean, our roads safe, and our families healthy," said Senate President James Coleman, D-Denver. "Part of governing responsibly is continually reviewing what regulations are working, where there are gaps, and what we need to update or streamline. This new law will ensure that Colorado agencies review their rules every five years to reduce redundancies and improve effectiveness."

"This bipartisan law establishes a regular analysis of government regulations to better understand what's working and what isn't so we can improve how we deliver core services for Coloradans," said Speaker Julie McCluskie, D-Dillon. "This law is about good governance. Our government should be responsive to the needs of our communities. Our law requires the state to revisit rules and regulations every five years to identify where departments may not be delivering on our goals and how they can improve."

"The new law forces every state agency to review all of its rules at least once every five years, weed out outdated or duplicative regulations, and prove which rules still deliver real public benefits," Said House Minority Leader Jarvis Caldwell HD-20 "For a state that ranks among the most heavily regulated in the nation, this is a big step toward a more accountable, pro-growth climate for small businesses, workers, and consumers."

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