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Showing posts with the label post-adverse decisions

Working Group Proposes Revamping Colorado AI Act

Colorado’s legislature enacted one of the first comprehensive U.S. artificial intelligence (AI) laws in 2024, the  Consumer Protections for Artificial Intelligence  (aka, the Colorado AI Act). Now, a working group convened by Gov. Jared Polis  proposed  a near-total rewrite of that law on Tuesday. This isn’t a technical cleanup—it meaningfully changes  how  AI is regulated and  where  legal risk shows up.  The Colorado AI Act currently focuses on “high-risk AI” and imposes heavy governance requirements, impact assessments, and risk programs, while the new proposal narrows the scope to automated tools that “materially influence” meaningful decisions and shifts compliance toward consumer notice, post adverse-decision disclosures, and meaningful human review. In sum, the proposal provides a more business friendly approach to AI regulation. But can the bill cross the finish line? What are the key provisions?  Narrows scope to cover more si...