For the second consecutive year, Gov. Jared Polis has vetoed a bill that would have prohibited landlords from using specific algorithms to determine rent prices and occupancy levels.

House Bill 1004 , sponsored by Reps. Steven Woodrow, D-Denver, and Javier Mabrey, D-Denver, and Sens. Julie Gonzales, D-Denver, and Nick Hinrichsen, D-Pueblo, also prohibit the sale or distribution of algorithmic devices to be used by two or more landlords in the same market to collude on rent prices or occupancy levels.

A December 2024 report by the Biden Administration found rental pricing algorithms increase rent by an average of $70 a month.

by the Biden Administration found that rental pricing algorithms increase rent by an average of $70 a month.

"Algorithmic pricing weakens competition because i

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