Colorado's Governor Vetoes Landmark Ban on Rent-Setting Algorithms
- Governor Jared Polis vetoed House Bill 1004 on May 30, 2025, which would have banned rent-setting algorithms in Colorado targeting RealPage's software.
- The veto followed a December 2024 Biden Administration report and ongoing lawsuits accusing RealPage of illegal price-fixing agreements with landlords.
- Polis acknowledged the bill’s intent but expressed concerns about prohibiting algorithmic pricing software that provides data to efficiently manage rental markets without collusion.
- The Biden report found algorithms increase rent by about $70 monthly, or $1,600 annually for Denver renters, while Polis noted any collusive behavior is illegal under state law.
- The veto allows continued use of such software while Polis supports strengthening antitrust enforcement and is open to future legislation distinguishing collusive from non-collusive uses.
37 Articles
37 Articles
Rent-setting software ban supporters blast Polis veto
Colorado Gov. Jared Polis speaks during a news conference about a bipartisan property tax reduction bill on May 6, 2024, at the Colorado Capitol. (Quentin Young/Colorado Newsline) Colorado Democratic lawmakers criticized Gov. Jared Polis after he vetoed a bill on Thursday afternoon that would have banned the use of computer algorithms to set rent in the state, calling the decision a failure of the state’s values. “Gov. Polis had the opportunity …
Gov. Polis vetoes rent algorithm bill
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