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ARTICLE · 28 MAY 2024

Colorado Passes Groundbreaking AI Bill

Michael Best
Explore more from Michael Best

On May 17, Colorado's governor signed the groundbreaking Consumer Protections for Artificial Intelligence Act. The Act regulates "high-risk AI systems"...

United StatesTechnology
Chelsea A. Kelleher
Chelsea A. Kelleher

On May 17, Colorado's governor signed the groundbreaking Consumer Protections for Artificial Intelligence Act. The Act regulates "high-risk AI systems" that are involved in making "consequential decisions" (such as decisions regarding employment, healthcare, financing, and education) that could result in discrimination against an individual based on age, race, sex, and other protected classifications. The law goes into effect on February 1, 2026.

The Act outlines several compliance requirements for Developers of high-risk AI systems and companies that obtain and use such systems (referred to as "Deployers" in the Act). Developers must provide Deployers with documentation describing the high-risk AI system, agree to assist the Deployer in conducting impact assessments, and provide a statement on its website describing the high-risk systems it develops. Certain Deployers must maintain a written AI risk management program, conduct annual impact assessments, disclose

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