Bill > HB1317

This bill aims to restrict the use of non-compete agreements in Colorado. Key provisions include: - Defining what constitutes a lawful non-compete agreement, which is limited to highly compensated workers (above a certain threshold) and only for the protection of trade secrets. - Requiring employers to provide clear notice and a copy of the non-compete agreement to workers in advance of its enforcement. - Allowing workers or prospective employers to seek a court judgment on the enforceability of a non-compete agreement. - Prohibiting employers from enforcing void non-compete agreements and imposing penalties for doing so. - Specifying that Colorado law governs the enforceability of non-compete agreements for workers primarily residing or working in Colorado. The bill is intended to preserve existing case law on non-compete agreements and provide more clarity and protections for workers in Colorado.