House Bill 26-032

This bill limits the use of mandatory pre-dispute arbitration agreements in employment, consumer, housing, and financial service contracts. The bill provides that such agreements are void and unenforceable when imposed as a condition of employment, service, or access to housing.

The bill permits arbitration only where all parties voluntarily agree after a dispute arises or in limited commercial circumstances involving parties of comparable bargaining power. The bill preserves the right of individuals to bring actions in court, participate in class actions, and seek judicial remedies. The bill also establishes disclosure requirements for permissible arbitration agreements and authorizes enforcement by the attorney general and private parties.