US Edition
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.
38 Articles
38 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 …
Kron 4 News
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, which many advocates have blamed for driving up housing costs across the country. RealPage is the target of a federal lawsuit filed last year that accuses the real estate software company of […]
Gov. Polis vetoes rent algorithm bill
Good morning, Sunriser readers! I’m currently experiencing a return to fiction. It started last year, after spending the better part of the decade deep in the world of nonfiction: mostly memoirs, essays and hard-to-categorize books like this one about basketball and this one about Annie Dillard’s backyard. Last year I finished exactly one novel out of the dozen or so books I read. That book was Joy Williams’ “The Quick and the Dead,” and it was …
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