Bill > HB1047

This bill establishes new protections for veterans seeking benefits by defining and regulating how individuals or organizations can provide assistance with veterans' benefits claims. The bill prohibits charging unreasonable compensation for preparing, presenting, or advising on veterans' benefits matters, and requires any compensation to comply with federal guidelines. It mandates that service providers create written agreements before rendering services, clearly outlining all fee terms, and prohibits guaranteeing specific outcomes of benefits claims. The bill defines key terms such as "veteran" (including active military, National Guard, and reservists), "veterans' benefits matter" (claims related to benefits from the Department of Veterans Affairs or Department of Defense), and "compensation" (monetary or valuable payment). Any violation of these provisions is considered a deceptive trade practice under the Colorado Consumer Protection Act, which means individuals or organizations engaging in such practices could face legal consequences. The bill aims to protect veterans from potential predatory practices by ensuring transparency, reasonable fees, and honest representation in benefits claims assistance.

Military Affairs and Security

https://leg.colorado.gov/bills/hb25-1047