The Colorado Department of Regulatory Agencies is performing a “sunset review” of Colorado’s Fair Debt Collection Practices Act.
The Colorado General Assembly sets specific dates that a particular agency, board, or, in this case, function of government will terminate unless the legislature passes new legislation to continue. A sunset review will generally question the need for regulation to protect the public. If regulation is determined to be needed, the sunset review will look for the least restrictive level of regulation consistent with the public interest.
Colorado announced on 15 October 2015 that it would put its Fair Debt Collection Practices Act up for a sunset review. Between then and 15 October 2016, all aspects of Colorado’s FDCPA will be reviewed using the following criteria:
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