Zenzinger’s Bipartisan Bill to Address Online Crime, Cut Down on Retail Theft Advances
Legislation to protect Coloradans from fraudulent online sellers passes out of committee
DENVER, CO – The Senate Business, Labor, and Technology Committee today unanimously voted to advance Senator Rachel Zenzinger’s (D-Arvada) bipartisan legislation that would address the rise in retail crime and protect Coloradans from fraudulent online marketplace sellers.
HB22-1099, cosponsored by Senator Rob Woodward (R-Loveland), would require sellers to go through a comprehensive authentication process for selling online goods and would allow buyers to report suspicious activity, making it harder to resell stolen goods online.
“Right now, it’s far too easy for thieves to resell online goods and take advantage of Colorado consumers making online purchases,” Zenzinger said. “This common sense legislation is an all around win for Coloradans. It will protect consumers and cut down on retail theft, ensuring our online marketplaces remain safe, legitimate places to buy goods and do business.”
The bill would require online marketplaces to verify the bank account information, tax identification number, and contact information from high-volume third-party sellers. It would also require sellers to disclose personal contact information to buyers, such as their name and address to assist in the authentication process for purchasing goods online.
HB22-1099 will now head to the Senate floor for further consideration. Track the progress of the bill here.