Colorado legislatures introduce House Bill prohibiting price gouging during disasters

House Bill 1010, introduced in the Colorado State Legislature on April 11, 2025, aims to prohibit price gouging during declared disasters. The bill, sponsored by a bipartisan group of representatives and senators, seeks to protect consumers from excessive price increases on essential goods and services when a disaster occurs.

The main provision of the bill amends the Colorado Revised Statutes to define "disaster" more comprehensively, encompassing a range of natural and human-made events that could lead to significant damage or loss. This legislative move is designed to ensure that during times of crisis, such as floods, fires, or other emergencies, businesses cannot exploit vulnerable consumers by inflating prices on necessary items like food, water, and medical supplies.

Debate surrounding House Bill 1010 has highlighted concerns about the balance between protecting consumers and ensuring that businesses can cover increased costs during emergencies. Some lawmakers argue that while price controls are essential for consumer protection, they could inadvertently discourage businesses from supplying goods in high-demand situations. Amendments to the bill have been proposed to clarify the circumstances under which price increases may be justified, but these discussions remain ongoing.

The implications of this bill are significant, as it addresses a critical issue that has gained attention in recent years, particularly during natural disasters when communities are most vulnerable. Experts suggest that enacting this legislation could lead to more equitable access to essential goods during emergencies, potentially saving lives and reducing the financial burden on affected individuals.

As the bill moves forward, its supporters are optimistic about its potential to create a fairer marketplace during crises, while opponents continue to voice concerns about the economic impact on businesses. The next steps will involve further legislative review and potential adjustments before it can be signed into law by the Governor.