Bill > SB126

This bill establishes the Uniform Antitrust Pre-Merger Notification Act in Colorado, which requires certain businesses to electronically file a copy of their Hart-Scott-Rodino (HSR) pre-merger notification form with the state Attorney General when specific conditions are met, such as having a principal place of business in Colorado or conducting significant sales in the state. The bill defines key terms like "electronic" and "pre-merger notification" and mandates that businesses submit both the HSR form and any additional supporting documents. The Attorney General is prohibited from charging filing fees and must keep the submitted documents confidential, with limited exceptions for specific legal proceedings or sharing with other state attorneys general who have similar confidentiality protections. Businesses that fail to comply with the filing requirements can be subject to civil penalties of up to $10,000 per day of non-compliance. The bill also includes a fiscal appropriation of $68,052 for the Department of Law to support implementation, including funding for 0.6 full-time equivalent (FTE) staff. The act will take effect after the standard 90-day legislative period, with a potential referendum option for voters in the November 2026 election.

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https://leg.colorado.gov/bills/sb25-126