- District 32
Current law requires retail establishments to accept United States currency. One of the exceptions to the requirement is for security deposits. A violation of the requirement by a retail establishment is a civil infraction punishable by a fine of $250. The bill exempts retail establishments in which the primary method of selling goods or services is through an automatic renewal contract and defines "retail establishment" and "security deposit". A violation by a retail establishment is made a deceptive trade practice, which means that the attorney general and each district attorney has enforcement authority under the "Colorado Consumer Protection Act". The attorney general is authorized to bring a civil and criminal action to enforce the provision. (Note: Italicized words indicate new material added to the original summary; dashes through words indicate deletions from the original summary.) (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
Sent to the Governor
Signed by the President of the Senate
House Third Reading Passed - No Amendments
House Third Reading Laid Over Daily - No Amendments
House Second Reading Special Order - Passed - No Amendments
Introduced In House - Assigned to Business Affairs & Labor
Senate Third Reading Passed - No Amendments
Senate Second Reading Special Order - Passed with Amendments - Committee
|Bill Text Versions||Format|
|Signed Act (06/07/2022)|
|Final Act (05/25/2022)|
|Fiscal Note FN1 (04/27/2022)|
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