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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.
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Colorado’s governor vetoes landmark ban on rent-setting algorithms

Associated Press NewsAssociated Press News
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Colorado's governor vetoes landmark ban on rent-setting algorithms

Democratic Gov. Jared Polis has vetoed a bill that would have made Colorado the first state to ban landlords from using rent-setting algorithms.

·United States
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arcamax.com broke the news in on Friday, May 30, 2025.
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