HB 26-1012

House Bill 26-1012, also known as "Consumer Protections to Promote Fair Market Pricing," requires businesses to clearly disclose the total cost of goods and services, especially when comparing prices for delivery versus in-store purchases. It also prohibits charging extremely high prices to customers who have no other options (captive consumers) at locations without competitors. This bill is now signed into law, meaning it will be enforced starting from 2025, aiming to protect consumers from unfair pricing practices and ensure transparency in transactions.

Official Summary

In 2025, the general assembly enacted House Bill 25-1090, which requires clear and conspicuous disclosures regarding the maximum total price charged for goods, services, and property. The bill adds a requirement that a person selling goods for delivery must disclose, at the point of sale, a comparison of the total price for the delivered goods and the total price for the goods available for purchase on site at a store.The bill also prohibits a person from charging unreasonably excessive prices to a captive consumer and defines "captive consumer" as a consumer who is at a location at which a seller of ancillary goods or services does not have competitors regarding the ancillary goods or services being sold. A person that charges unreasonably excessive prices to a captive consumer engages in an unfair or deceptive trade practice in violation of the "Colorado Consumer Protection Act".(Note: This summary applies to this bill as introduced.)

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