SB 17-023

Senate Bill 17-023 updates Colorado's laws about athlete agents by enacting the "Revised Uniform Athlete Agents Act (2015)." This new act requires athlete agents to register with the Secretary of State and sets rules for renewing their registration. The bill affects anyone who works as an agent for athletes in Colorado, ensuring they meet certain requirements before they can operate legally. Since the bill has been signed into law, these regulations are now active and enforceable in the state.

Official Summary

Colorado Commission on Uniform State Laws. Athlete agents first became regulated in Colorado through the enactment of the 'Uniform Athlete Agents Act' in 2008, which, among other requirements, required athlete agents to register with the department of regulatory agencies. The general assembly repealed the registration requirement in 2010. The bill enacts the 'Revised Uniform Athlete Agents Act (2015)', drafted by the National Conference of Commissioners on Uniform State Laws. The revised act establishes new provisions for registration and renewal of registration for athlete agents, to be administered by the secretary of state. The revised act is subject to sunset review in 2026. (Note: This summary applies to this bill as introduced.)

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