HB 22-1058

House Bill 22-1058, also known as the Professional Sporting Events Contract Disputes bill, allows the Colorado Attorney General to step in and require cable providers and regional sports networks to participate in nonbinding arbitration if they fail to renew a contract for broadcasting professional sporting events within six weeks after the contract has expired. This affects negotiations between these companies when disputes arise over broadcasting rights. The bill is now signed into law, meaning it has been enacted and will be enforceable by the state of Colorado.

Official Summary

The bill authorizes the attorney general to require a cable provider and regional sports network to submit to nonbinding arbitration when negotiation for the renewal of a contract to broadcast professional sporting events continues for at least 6 weeks after the contract has expired. (Note: This summary applies to this bill as introduced.)